Severn Bancorp Inc (SVBI) Annual Income Statement

Annual · GAAP · USD millions
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Observing income statement movements over recent quarters helps explain how Severn Bancorp Inc adapts pricing, costs, and operating efficiency.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2020)
2020
(Dec 31 2019) (Dec 31 2018) (Dec 31 2017) (Dec 31 2016)
Revenues
Interest and Fee Income, Loans and Leases32.33
Interest Income, Securities, Operating, Taxable1.03
Other Interest and Dividend Income0.55
Total Interest Income33.91
Interest Expense, Deposits5.25
Interest Expense, Long-term Debt1.14
Net Interest (-)Expense / Income-6.39
Net Interest Income27.52
Provision for loan losses0.90
Total Net Interest Income26.62
Service Fees, Investment Banking, Brokerage and Other Transactions0.00
Other Non-interest Income0.54
Gain (Loss) on Disposition of Assets and Other Investments0.07
Loss / Gain on Investment9.47
Other Non-Interest Income4.53
Total Non-interest Income15.81
Total Revenues42.43
Costs & Expenses
Salaries & employee benefits, SGA23.99
Unusual Expense /-Income0.21
Foreclosed Real Estate Expense0.00
Communications, Occupancy and Information Technology3.92
Professional Fees0.86
Federal Deposit Insurance Corporation Premium Expense0.14
Other Noninterest Expense1.92
Other loss /-income1.80
Total Operating Expenses33.05
Total Costs & Expenses39.44
Income & Taxes
Income /-loss before income taxes9.38
Income taxes expenses/-benefit2.68
Income after income taxes6.71
Net income/-loss of other equity0.00
Income /-loss after income taxes6.71
Net Income/-loss6.71
Preferred dividends0.00
Income/-loss to shareholder6.71
Earnings Per Share
Basic EPS (excl. extra items)0.52
Basic Net EPS0.52
Basic shares outstanding (Mill. of Units)12.82
Diluted Net EPS0.52
Diluted average shares (Mill. of Units)12.83
Dividend per share0.16
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About SVBI Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.