National Bank Holdings Corp

For the period ended Jun 30, 2024. Filed Jul 31, 2024.

About this filing

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.

Jun 30, 2024 · Filed Jul 31, 2024

NBHC$37.13+0.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations for the three and six months ended June 30, 2024 and 2023

Consolidated Statements of Operations (Unaudited)


· For the three months ended · · For the six months ended
· June 30, · · June 30,
· 2024 · 2023 · 2024 · 2023
Interest and dividend income:
Interest and fees on loans	$123,865	$111,954	$247,601	$217,075
Interest and dividends on investment securities	7,520	6,690	14,137	13,551
Dividends on non-marketable securities	377	914	993	1,812
Interest on interest bearing bank deposits	685	1,511	1,448	2,164
Total interest and dividend income	132,447	121,069	264,179	234,602
Interest expense:
Interest on deposits	48,217	25,143	92,214	36,192
Interest on borrowings	656	6,142	4,361	13,737
Total interest expense	48,873	31,285	96,575	49,929
Net interest income before provision for credit losses	83,574	89,784	167,604	184,673
Provision for credit loss expense	2,776	1,700	2,776	2,600
Net interest income after provision for credit losses	80,798	88,084	164,828	182,073
Non-interest income:
Service charges	4,295	4,444	8,686	8,545
Bank card fees	4,882	5,091	9,460	9,728
Mortgage banking income	3,296	3,710	5,951	6,926
Bank-owned life insurance income	736	1,032	1,469	1,677
Other non-interest income	820	(454)	6,157	1,612
Total non-interest income	14,029	13,823	31,723	28,488
Non-interest expense:
Salaries and benefits	36,933	35,215	73,453	68,204
Occupancy and equipment	10,120	9,126	20,061	18,199
Data processing	4,117	2,959	8,183	6,711
Marketing and business development	783	1,090	1,745	1,960
FDIC deposit insurance	1,431	1,569	2,776	3,747
Bank card expenses	1,391	1,265	2,740	2,593
Professional fees	1,706	3,146	3,352	5,736
Other non-interest expense	4,617	4,604	9,614	8,753
Other intangible assets amortization	1,977	2,007	3,985	3,370
Total non-interest expense	63,075	60,981	125,909	119,273
Income before income taxes	31,752	40,926	70,642	91,288
Income tax expense	5,617	8,369	13,116	18,448
Net income	$26,135	$32,557	$57,526	$72,840
Earnings per share—basic	$0.68	$0.86	$1.51	$1.92
Earnings per share—diluted	0.68	0.85	1.50	1.91
Weighted average number of common shares outstanding:
Basic	38,210,869	37,957,287	38,121,114	37,871,862
Diluted	38,372,777	38,107,326	38,299,435	38,092,708

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.