NASB Financial, Inc. Announces Financial Results
Net income for the six months ended
(Financial Highlights Schedule Attached)
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Financial Highlights |
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(Dollars in thousands, except per share data) |
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Three Months Ended |
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Six Months Ended |
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EARNINGS DATA: |
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Net interest income |
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$ |
21,746 |
20,960 |
19,560 |
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42,706 |
39,124 |
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Provision for credit losses |
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100 |
-- |
135 |
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100 |
201 |
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Non-interest income |
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2,545 |
1,889 |
518 |
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4,434 |
3,642 |
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Non-interest expense |
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11,709 |
11,844 |
12,240 |
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23,553 |
24,313 |
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Income tax expense |
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3,071 |
2,707 |
1,895 |
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5,778 |
4,490 |
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Net income |
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$ |
9,411 |
8,298 |
5,808 |
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17,709 |
13,762 |
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FINANCIAL CONDITION DATA: |
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Total assets |
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$ |
3,156,241 |
2,966,618 |
3,033,963 |
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3,156,241 |
3,033,963 |
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Total loans held for investments and mortgage-backed securities, net |
2,202,682 |
2,208,550 |
2,155,237 |
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2,202,682 |
2,155,237 |
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Customer and brokered deposit accounts |
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1,875,016 |
1,874,438 |
1,917,821 |
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1,875,016 |
1,917,821 |
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Stockholders' equity |
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440,065 |
436,622 |
420,814 |
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440,065 |
420,814 |
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FINANCIAL RATIOS AND PER SHARE DATA: |
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Book value per share |
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$ 61.32 |
60.36 |
58.18 |
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61.32 |
58.18 |
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Earnings per share |
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1.30 |
1.15 |
0.80 |
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2.45 |
1.90 |
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Cash dividends paid per share |
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0.35 |
0.35 |
0.25 |
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0.70 |
0.50 |
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Return on assets (annualized net income divided by total average assets) |
1.23 % |
1.13 % |
0.78 % |
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1.16 % |
0.93 % |
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Return on equity (annualized net income divided by average stockholders' equity) |
8.59 % |
7.65 % |
5.57 % |
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8.13 % |
6.60 % |
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Weighted average shares outstanding |
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7,222,560 |
7,225,644 |
7,234,733 |
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7,224,119 |
7,233,591 |
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View original content:https://www.prnewswire.com/news-releases/nasb-financial-inc-announces-financial-results-302764510.html
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