National Bank Holdings Corp
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
NBHC$37.13+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Consolidated Statements of Operations for the three months ended March 31, 2024 and 2023
Consolidated Statements of Operations (Unaudited)
| | | | | | |
|---|---|---|---|---|---|
| | For the three months ended | ||||
| | March 31, | ||||
| · 2024 · 2023 | |||||
| Interest and dividend income: | | | | | |
| Interest and fees on loans | $123,736 | | $105,121 | ||
| Interest and dividends on investment securities | 6,617 | | 6,861 | ||
| Dividends on non-marketable securities | 616 | | 898 | ||
| Interest on interest-bearing bank deposits | 763 | | 653 | ||
| Total interest and dividend income | 131,732 | | 113,533 | ||
| Interest expense: | | | | | |
| Interest on deposits | 43,998 | | 11,049 | ||
| Interest on borrowings | 3,704 | | 7,595 | ||
| Total interest expense | 47,702 | | 18,644 | ||
| Net interest income before provision for credit losses | 84,030 | | 94,889 | ||
| Provision for credit loss expense | — | | 900 | ||
| Net interest income after provision for credit losses | 84,030 | | 93,989 | ||
| Non-interest income: | | | | | |
| Service charges | 4,391 | | 4,101 | ||
| Bank card fees | 4,578 | | 4,637 | ||
| Mortgage banking income | 2,655 | | 3,216 | ||
| Bank-owned life insurance income | 733 | | 645 | ||
| Other non-interest income | 5,337 | | 2,066 | ||
| Total non-interest income | 17,694 | | 14,665 | ||
| Non-interest expense: | | | | | |
| Salaries and benefits | 36,520 | | 32,989 | ||
| Occupancy and equipment | 9,941 | | 9,073 | ||
| Data processing | 4,066 | | 3,752 | ||
| Marketing and business development | 962 | | 870 | ||
| FDIC deposit insurance | 1,345 | | 2,178 | ||
| Bank card expenses | 1,349 | | 1,328 | ||
| Professional fees | 1,646 | | 2,590 | ||
| Other non-interest expense | 4,997 | | 4,149 | ||
| Other intangible assets amortization | 2,008 | | 1,363 | ||
| Total non-interest expense | 62,834 | | 58,292 | ||
| Income before income taxes | 38,890 | | 50,362 | ||
| Income tax expense | 7,499 | | 10,079 | ||
| Net income | $31,391 | | $40,283 | ||
| Earnings per share—basic | $0.82 | | $1.06 | ||
| Earnings per share—diluted | | 0.82 | | | 1.06 |
| Weighted average number of common shares outstanding: | | | | | |
| Basic | 38,031,358 | | 37,785,488 | ||
| Diluted | 38,188,480 | | 38,074,973 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.