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Income Statement
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HERITAGE OAKS BANCORP (HEOP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09
   10-K10-K10-K10-K10-K10-K10-K10-K
        Interest income on loans  61.359.656.139.639.341.344.145.5
    Total interest income  71.368.164.145.446.348.250.849.6
        Interest on deposits     2.93.04.5  
    Total interest expense  5.75.85.23.93.85.08.010.0
Net interest income  65.662.358.941.542.543.242.739.5
Provision for loan losses  -1.5   7.76.131.524.1
Net interest income after provision for loan losses  67.162.358.941.534.837.111.215.4
        Deposit and loan fees  5.25.25.64.54.44.12.43.0
        Credit and debit card fees        1.41.2
        Gain on sale of investments, net  0.90.60.63.92.62.0-0.60.0
        Other non-interest income  6.24.33.34.45.613.97.511.0
Total non-interest income  12.210.19.612.912.520.010.715.1
Non-interest expenses  51.348.254.836.636.137.341.335.7
Pre-tax income before non-recurring items  28.024.213.718.911.29.6-19.3-12.9
Non-recurring items     1.1    
Pre-tax income  28.024.213.717.811.29.6-19.3-12.9
Income taxes  11.18.94.77.0-1.81.8-1.8-5.8
            Tax rate  39.5%36.7%34.6%39.2% 19.1%9.1%45.2%
Net income  16.915.38.89.911.66.4-22.6-8.0
            Net margin  21.3%21.1%12.8%18.3%24.4%11.1%-102.8%-26.2%
   
Basic EPS  $0.50$0.45$0.27$0.38$0.44$0.25($1.30)($1.04)
Diluted EPS  $0.50$0.45$0.27$0.37$0.44$0.24($1.30)($1.04)
   
Shares outstanding (basic)  34.134.132.626.326.325.017.37.7
Shares outstanding (diluted)  34.234.332.726.526.426.317.37.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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