Ticker
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SERVISFIRST BCS   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2022202120202019201820172016201520142013
Period End Date12/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/201512/31/201412/31/2013
Interest and fees on loans499.69385.72362.66354.31305.37246.68200.46171.30136.07118.29
Taxable securities40.7225.4122.1217.0112.659.125.344.334.503.89
Nontaxable securities0.140.300.741.432.412.953.303.503.493.41
Federal funds sold1.560.030.336.043.101.691.010.130.160.13
Other interest and dividends17.214.843.1712.023.092.322.790.720.510.37
Total Interest Income559.32416.31389.02390.80326.63262.76212.90179.98144.73126.08
Deposits59.4026.5745.2390.9655.5028.8320.1714.8912.4211.83
Borrowed funds29.035.235.7612.208.456.505.642.811.701.79
Total Interest Expense88.4231.8050.99103.1663.9535.3325.8117.7014.1213.62
Net Interest Income470.89384.50338.04287.65262.68227.42187.10162.27130.61112.46
Provision for loan losses37.6131.5242.4322.6421.4023.2313.4012.8510.2613.01
Net interest income after provision for loan losses433.29352.99295.60265.01241.28204.20173.70149.42120.3599.45
Service charges on deposit accounts8.036.847.537.036.555.705.365.094.273.23
Securities Gains(6.17)0.62--0.030.19--0.000.030.000.13
Mortgage banking2.447.348.754.362.783.843.732.682.052.51
Other Operating Income12.664.661.621.741.241.566.243.542.632.14
Increase in cash surrender value life insurance6.486.646.313.753.133.132.792.622.281.99
Credit card income9.927.355.927.085.554.82--------
Total Non Interest Income33.3633.4530.1223.9819.4419.0518.1113.9611.2310.01
Salaries and employee benefits77.9567.7361.4157.7851.8547.6043.9638.9131.0226.32
Equipment and occupancy expense12.3211.4010.079.278.428.027.996.395.555.20
FDIC and other regulatory assessments4.575.684.352.983.873.923.402.662.091.80
Other real estate owned expense0.300.872.160.420.790.320.761.231.531.43
Merger expense----------0.000.002.10----
Other Operating Expenses31.0827.1615.4927.4523.3022.8120.9220.4914.9710.93
Professional services4.283.894.244.243.653.223.982.612.441.81
Third party processing and other services27.3316.3613.78--------------
Total noninterest expenses157.82133.09111.51102.1391.8885.8980.9974.3857.6047.49
Income Before Income Taxes308.83253.35214.21186.86168.84137.35110.8289.0173.9861.98
Provision for income taxes57.3245.6244.6437.6231.9044.2629.3425.4721.6020.36
Current tax expense - Federal56.3245.2550.0236.6843.2127.9529.8128.5225.9321.26
Current tax expense - State3.625.434.352.012.952.261.251.820.690.90
Deferred tax expense (benefit) - Federal(4.11)(5.60)(9.34)(0.17)(12.64)17.07(0.66)(3.28)(3.78)(1.62)
Deferred tax expense (benefit) - State1.500.54(0.39)(0.91)(1.62)(3.03)(1.07)(1.60)(1.24)(0.19)
Income tax expense Current----------30.2131.0730.34----
Income tax expense Deferred----------14.05(1.73)(4.88)----
Consolidated Net Income (Loss)251.50207.73169.57149.24136.9493.0981.4863.5452.3841.62
Dividends on Preferred Stock0.060.060.060.060.060.060.050.280.430.40
Net Income (Loss) Available to Common Shareholders251.44207.67169.51149.18136.8893.0381.4363.2651.9541.22
Net Earnings Per Share (Basic)4.633.833.152.792.571.761.551.231.091.00
Net Earnings Per Share (Diluted)4.613.823.132.762.531.721.521.201.050.95
Weighted Average Shares Outstanding (Basic)54.3054.1653.8453.5353.1752.8952.4551.4347.7141.21
Weighted Average Shares Outstanding (Diluted)54.5454.4454.2254.1054.1754.1253.6152.8949.6443.61