Ticker
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Period
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SERVISFIRST BCS   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Interest and fees on loans788.11699.10499.69385.72362.66354.31305.37246.68200.46171.30
Taxable securities66.5453.5040.7225.4122.1217.0112.659.125.344.33
Nontaxable securities0.030.070.140.300.741.432.412.953.303.50
Federal funds sold1.132.841.560.030.336.043.101.691.010.13
Other interest and dividends90.3257.7417.214.843.1712.023.092.322.790.72
Total Interest Income946.12813.25559.32416.31389.02390.80326.63262.76212.90179.98
Deposits420.65331.7459.4026.5745.2390.9655.5028.8320.1714.89
Borrowed funds78.8170.5729.035.235.7612.208.456.505.642.81
Total Interest Expense499.46402.3188.4231.8050.99103.1663.9535.3325.8117.70
Net Interest Income446.66410.94470.89384.50338.04287.65262.68227.42187.10162.27
Provision for loan losses21.5918.7237.6131.5242.4322.6421.4023.2313.4012.85
Net interest income after provision for loan losses425.07392.22433.29352.99295.60265.01241.28204.20173.70149.42
Service charges on deposit accounts9.438.428.036.847.537.036.555.705.365.09
Securities Gains----(6.17)0.62--0.030.19--0.000.03
Mortgage banking4.922.762.447.348.754.362.783.843.732.68
Other Operating Income2.893.0412.664.661.621.741.241.566.243.54
Increase in cash surrender value life insurance9.537.576.486.646.313.753.133.132.792.62
Credit card income8.288.639.927.355.927.085.554.82----
Total Non Interest Income35.0630.4233.3633.4530.1223.9819.4419.0518.1113.96
Salaries and employee benefits96.3280.9777.9567.7361.4157.7851.8547.6043.9638.91
Equipment and occupancy expense14.5214.3012.3211.4010.079.278.428.027.996.39
FDIC and other regulatory assessments10.6915.614.575.684.352.983.873.923.402.66
Other real estate owned expense0.200.050.300.872.160.420.790.320.761.23
Merger expense--------------0.000.002.10
Other Operating Expenses21.3433.3431.0827.1615.4927.4523.3022.8120.9220.49
Professional services6.905.924.283.894.244.243.653.223.982.61
Third party processing and other services31.1827.8727.3316.3613.78----------
Total noninterest expenses181.15178.05157.82133.09111.51102.1391.8885.8980.9974.38
Income Before Income Taxes278.98244.59308.83253.35214.21186.86168.84137.35110.8289.01
Provision for income taxes51.7437.7457.3245.6244.6437.6231.9044.2629.3425.47
Current tax expense - Federal51.90--56.3245.2550.0236.6843.2127.9529.8128.52
Current tax expense - State3.19--3.625.434.352.012.952.261.251.82
Deferred tax expense (benefit) - Federal(2.23)--(4.11)(5.60)(9.34)(0.17)(12.64)17.07(0.66)(3.28)
Deferred tax expense (benefit) - State(1.12)--1.500.54(0.39)(0.91)(1.62)(3.03)(1.07)(1.60)
Income tax expense Current--------------30.2131.0730.34
Income tax expense Deferred--------------14.05(1.73)(4.88)
Consolidated Net Income (Loss)227.24206.85251.50207.73169.57149.24136.9493.0981.4863.54
Dividends on Preferred Stock0.060.060.060.060.060.060.060.060.050.28
Net Income (Loss) Available to Common Shareholders227.18206.79251.44207.67169.51149.18136.8893.0381.4363.26
Net Earnings Per Share (Basic)4.173.804.633.833.152.792.571.761.551.23
Net Earnings Per Share (Diluted)4.163.794.613.823.132.762.531.721.521.20
Weighted Average Shares Outstanding (Basic)54.5354.4154.3054.1653.8453.5353.1752.8952.4551.43
Weighted Average Shares Outstanding (Diluted)54.6254.5454.5454.4454.2254.1054.1754.1253.6152.89