Press Release: BancorpSouth Announces Third -8-
Press Release: BancorpSouth Announces Third -8-
新闻稿：BancorpSouth宣布Third-8-
Provision for credit losses (7,000) 11,500 - 5,794 16,000 4,500 83,250
Net interest revenue, after provision for
credit losses 188,544 168,682 172,789 171,142 159,931 530,015 430,781
NONINTEREST REVENUE:
Mortgage banking 13,058 9,105 25,310 20,129 27,097 47,473 66,124
Credit card, debit card and merchant fees 11,428 11,589 9,659 10,053 9,938 32,676 28,194
Deposit service charges 10,324 8,849 8,477 9,708 8,892 27,650 28,221
Security (losses)gains, net (195) 96 82 63 18 (17) (5)
Insurance commissions 35,773 36,106 30,667 29,815 32,750 102,546 95,471
Wealth management 7,147 7,543 8,465 6,751 6,471 23,155 19,462
Gain on sale of PPP loans - 21,572 - - - 21,572 -
Other 6,885 7,083 5,276 2,307 4,758 19,244 20,211
Total noninterest revenue 84,420 101,943 87,936 78,826 89,924 274,299 257,678
NONINTEREST EXPENSE:
Salaries and employee benefits 112,968 108,188 101,060 97,215 104,219 322,216 320,594
Occupancy, net of rental income 13,443 13,187 12,814 13,004 13,053 39,444 38,651
Equipment 5,534 4,967 4,564 4,756 4,519 15,065 13,930
Deposit insurance assessments 2,330 1,638 1,455 1,696 1,522 5,423 5,030
Pension settlement expense 2,400 - - 5,846 - 2,400 -
Other 43,214 46,004 35,930 44,600 31,192 125,148 105,560
Total noninterest expense 179,889 173,984 155,823 167,117 154,505 509,696 483,765
Income before income taxes 93,075 96,641 104,902 82,851 95,350 294,618 204,694
Income tax expense 20,350 21,102 23,347 14,046 21,525 64,799 45,448
Net income $ 72,725 $ 75,539 $ 81,555 $ 68,805 $ 73,825 $ 229,819 $ 159,246
Less: Preferred dividends 2,372 2,372 2,372 2,372 2,372 7,116 7,116
Net income available to common shareholders $ 70,353 $ 73,167 $ 79,183 $ 66,433 $ 71,453 $ 222,703 $ 152,130
Net income per common share: Basic $ 0.65 $ 0.69 $ 0.77 $ 0.65 $ 0.70 $ 2.11 $ 1.47
Diluted $ 0.65 $ 0.69 $ 0.77 $ 0.65 $ 0.69 $ 2.11 $ 1.47
BancorpSouth Bank
Selected Loan Data
(Dollars in thousands)
(Unaudited)
Quarter Ended
Sep-21 Jun-21 Mar-21 Dec-20 Sep-20
LOAN AND LEASE
PORTFOLIO:
Commercial and
industrial
Commercial and
industrial-non real
estate 2,005,206 2,056,034 2,865,706 2,673,429 2,937,608
Commercial and
industrial-owner
occupied 2,241,310 2,273,433 2,260,456 2,281,127 2,297,008
Total commercial
and industrial 4,246,516 4,329,467 5,126,162 4,954,556 5,234,616
Commercial real estate
Agricultural 370,467 350,067 337,710 317,994 333,839
Construction,
acquisition and
development 1,797,559 1,926,421 1,707,800 1,728,682 1,700,030
Commercial real estate 3,443,967 3,323,883 3,127,510 3,211,434 3,229,959
Total commercial
real estate 5,611,993 5,600,371 5,173,020 5,258,110 5,263,828
Consumer
Consumer mortgages 4,078,787 3,991,790 3,700,076 3,726,241 3,704,490
Home equity 619,541 625,365 608,924 630,097 658,708
Credit cards 83,764 84,699 81,499 89,077 85,760
Total consumer 4,782,092 4,701,854 4,390,499 4,445,415 4,448,958
All other 350,644 372,347 349,127 364,398 380,333
Total loans $ 14,991,245 $ 15,004,039 $ 15,038,808 $ 15,022,479 $ 15,327,735
ALLOWANCE FOR CREDIT
LOSSES:
Balance, beginning of
period $ 265,720 $ 241,117 $ 244,422 $ 250,624 $ 237,025
Loans and leases
charged-off:
Commercial and
industrial (1,488) (1,882) (2,946) (5,511) (1,001)
Commercial real estate (131) (623) (1,383) (5,062) (738)
Consumer (831) (961) (1,076) (1,584) (804)
All other (863) (396) (501) (875) (599)
Total loans
charged-off (3,313) (3,862) (5,906) (13,032) (3,142)
Recoveries:
Commercial and
industrial 3,635 3,053 1,093 816 457
Commercial real estate 797 1,299 195 142 267
Consumer 585 965 920 592 754
All other 352 345 393 280 263
Total recoveries 5,369 5,662 2,601 1,830 1,741
Net
recoveries(charge-offs) 2,056 1,800 (3,305) (11,202) (1,401)
Initial allowance on
loans purchased with
credit deterioration - 12,803 - - -
Provision:
Initial provision for
loans acquired during
the quarter - 11,500 - - -
Provision for credit
losses related to
loans and leases (7,500) (1,500) - 5,000 15,000
Total provision for
loans and leases (7,500) 10,000 - 5,000 15,000
Balance, end of period $ 260,276 $ 265,720 $ 241,117 $ 244,422 $ 250,624
Average loans for period $ 14,915,728 $ 15,470,539 $ 15,029,076 $ 15,219,402 $ 15,369,684
Ratio:
Net
(recoveries)charge-offs
to average loans
(annualized) (0.05%) (0.05%) 0.09% 0.29% 0.04%
RESERVE FOR UNFUNDED
COMMITMENTS*
Balance, beginning of
period $ 8,544 $ 7,044 $ 7,044 $ 6,250 $ 5,250
Provision for credit
losses for unfunded
commitments 500 1,500 - 794 1,000
Balance, end of period $ 9,044 $ 8,544 $ 7,044 $ 7,044 $ 6,250
*The Reserve for Unfunded Commitments is classified in other
liabilities on the balance sheet.
BancorpSouth Bank
Selected Loan Data
(Dollars in thousands)
(Unaudited)
Quarter Ended
Sep-21 Jun-21 Mar-21 Dec-20 Sep-20
BXS ORIGINATED LOANS AND
LEASES:
Loans and leases charged
off:
Commercial and industrial
Commercial and
industrial-non real
estate $ (901) $ (1,108) $ (1,971) $ (1,991) $ (490)
Commercial and
industrial-owner
occupied (331) (471) (187) (303) (434)
Total commercial and
industrial (1,232) (1,579) (2,158) (2,294) (924)
Commercial real estate
Agricultural - - (94) (124) -
Construction,
acquisition and
development - (113) (344) (1,709) -
Commercial real estate (3) (110) (27) (1,704) (155)
Total real estate (3) (223) (465) (3,537) (155)
Consumer
Consumer mortgages (243) (398) (181) (537) (70)
Home equity (112) (64) (50) (395) (41)
Credit cards (435) (476) (733) (458) (682)
Total consumer (790) (938) (964) (1,390) (793)
All other (723) (315) (399) (698) (459)
Total loans charged
off (2,748) (3,055) (3,986) (7,919) (2,331)
Recoveries:
Commercial and industrial
Commercial and
industrial-non real
estate 305 1,014 387 645 231
Commercial and
industrial-owner
occupied 673 325 61 27 163
Total commercial and
industrial 978 1,339 448 672 394
Commercial real estate
Agricultural 3 (65) 5 23 3
Construction,
acquisition and
信贷损失准备金(7,000)11,500-5,794 16,000 4,500 83,250扣除以下拨备后的净利息收入信贷损失188,544 168,682 172,789 171,142 159,931 530,015 430,781非利息收入：抵押贷款银行13,058 9,105 25,310 20,129 27,097 47,473 66,124信用卡、借记卡和商户费用11,428 11,589 9,659 10,053 9,938 32,676 28,194存款服务费10,324 8,849 8,477 9,708 8,892 27,650 28,221安全(损失)收益净额(195)96 82 63 18(17)(5)保险佣金35,773 36,106 30,667 29,815 32,750 102,546 95,471财富管理7,147 7,543 8,465 6,751 6,471 23,155 19,462出售购买力平价贷款的收益-21,572-21,572-其他6,8857,083 5,276,307,758 19,244 20,211非利息收入总额84,420 101,943 87,936 78,826 89,924 274,299 257,678非利息支出：薪金及雇员福利112,968 108,188 101,060 97,215 104,219 322,216 320,594入住率，扣除租金收入后的净额13,443 13,187 12,814 13,004 13,053 39,444 38,651设备5,534 4,967 4,564 4,756 4,519 15,065 13,930存款保险评税2,330 1,638 1,455 1,696 1,522 5,423,030养老金结算费用2400-5846-2400-其他43,214 46,004 35,930 44,600 31,192 125,148 105,560非利息支出总额179,889 173,984 155,823 167,117 154,505 509,696 483,765所得税前收入93,075 96,641 104,902 82,851 95,350 294,618 204,694所得税支出20,350 21,102 23,347 14,046 21,525 64,799 45,448净收入$72,725$75,539$81,555$68,805$73,825$229,819$159,246减去：优先股息2,372 2,372 2,372 2,372 2,372 7,116 7,116普通股股东可获得的净收入$70,353$73,167$79,183$66,433$71,453$222,703$152,130每股普通股净收益：基本$0.65$0.69$0.77$0.65$0.70$2.11$1.47稀释后$0.65$0.69$0.77$0.65$0.69$2.11$1.47BancorpSouth Bank选择的贷款数据(千美元)(未经审计)截至的季度9月21日至6月21日3月21日至12月21日9月20日至20日借贷和租赁产品组合：商业和工业商业和工业-非真实遗产2,005,206 2,056,034,865,706,673,429,937,608商业和工业业主占用2,241,310 2,273,433,260,456,281,127 2,297,008总商业广告工业4,246,516 4,329,467 5,126,162 4,954,556 5,234,616商业地产农业370,467 350,067 337,710 317,994 333,839建筑，收购和发展项目1,797,559 1,926,421 1,707,800 1,728,682 1,700,030商业地产3,443,967 3,323,883 3,127,510 3,211,434 3,229,959总商业广告房地产5,611,993 5,600,371 5,173,020 5,258,110 5,263,828消费者消费按揭贷款4,078,787 3,991,790 3,700,076 3,726,241 3,704,490房屋净值619,541 625,365 608,924 630,097 658,708信用卡83,764 84,699 81,499 89,077 85,760总消费额4,782,092 4,701,854 4,390,499 4,445,415 4,448,958所有其他350,644 372,347 349,127 364,398 380,333贷款总额14,991,245美元15,004,039美元15,038,808美元15,022,479美元15,327,735美元信用额度损失：平衡，开始期间265,720元241,117元244,422元250,624元237,025元贷款和租赁注销：商业和工业(1,488)(1,882)(2,946)(5,511)(1,001)商业地产(131)(623)(1,383)(5,062)(738)消费者(831)(961)(1,076)(1,584)(804)所有其他(863)(396)(501)(875)(599)贷款总额冲销(3,313)(3,862)(5,906)(13,032)(3,142)恢复：商业和工业3,635 3,053 1,093 816 457商业地产797 1,299 195 142 267消费者585 965 920 592 754所有其他352 345 393 280 263共收回5,369 5,662 2,601,830 1,741网络追讨(撇账)2,056 1,800(3,305)(11,202)(1,401)最初的免税额通过以下方式购买的贷款信贷恶化-12,803规定：初步拨备在此期间获得的贷款本季度-11,500信贷拨备与以下项目相关的损失贷款及租赁(7,500)(1,500)-5,000 15,000拨备总额为贷款及租赁(7,500)10,000-5,000 15,000期末余额$260,276$265,720$241,117$244,422$250,624期内平均贷款14,915,728元15,470,539元15,029,076元15,215,402元15,369,684元比率：网络(追回)撇账平均贷款(折合成年率)(0.05%)(0.05%)0.09%0.29%0.04%无资金准备承诺*平衡，开始期间$8,544$7,044$7,044$6,250$5,250信贷拨备无资金来源的亏损承担额500 1,500-794 1,000期末余额$9,044$8,544$7,044$7,044$6,250*无资金承担准备金归类于其他类别资产负债表上的负债。BancorpSouth Bank选择的贷款数据(千美元)(未经审计)截至的季度9月21日至6月21日3月21日至12月21日9月20日至20日BXS发起的贷款和租约：收取贷款及租赁费用关闭：工商业商业和工业-非真实遗产$(901)$(1,108)$(1,971)$(1,991)$(490)商业和工业业主占用(331)(471)(187)(303)(434)总计商业和工业(1,232)(1,579)(2,158)(2,294)(924)商业地产农业--(94)(124)-建筑，收购和发展--(113)(344)(1709)-商业地产(3)(110)(27)(1,704)(155)房地产总数(3)(223)(465)(3,537)(155)消费者消费按揭贷款(243)(398)(181)(537)(70)房屋净值(112)(64)(50)(395)(41)信用卡(435)(476)(733)(458)(682)总消费者(790)(938)(964)(1,390)(793)所有其他(723)(315)(399)(698)(459)已收取的贷款总额关(2,748)(3,055)(3,986)(7,919)(2,331)恢复：工商业商业和工业-非真实屋苑305 1,014 387 645 231商业和工业业主占673 325 61 27 163总计商业和工业978 1,339 448 672 394商业地产农业3(65)5 23 3建筑，收购和