National Bank Holdings Corp

For the period ended Dec 31, 2023. Filed Feb 27, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 27, 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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Contents

Consolidated Statements of Operations



· ·
· · 2023 · · 2022 · · 2021
Interest and dividend income:
Interest and fees on loans	$461,376	$255,672	$181,816
Interest and dividends on investment securities	26,331	24,200	17,325
Dividends on non-marketable securities	3,253	1,034	838
Interest on interest-bearing bank deposits	4,455	3,782	986
Total interest and dividend income	495,415	284,688	200,965
Interest expense:
Interest on deposits	109,378	14,596	13,602
Interest on borrowings	24,086	3,257	219
Total interest expense	133,464	17,853	13,821
Net interest income before provision for credit losses	361,951	266,835	187,144
Provision for credit loss expense (release)	8,295	36,729	(9,293)
Net interest income after provision for credit losses	353,656	230,106	196,437
Non-interest income:
Service charges	18,225	16,357	14,894
Bank card fees	19,636	18,299	17,693
Mortgage banking income	13,634	23,774	63,360
Bank-owned life insurance income	3,269	2,272	2,208
Other non-interest income	9,153	6,610	12,209
Total non-interest income	63,917	67,312	110,364
Non-interest expense:
Salaries and benefits	137,701	124,971	127,504
Occupancy and equipment	37,552	31,496	25,283
Data processing	13,110	12,657	9,310
Marketing and business development	4,002	3,821	2,509
FDIC deposit insurance	7,008	2,121	1,850
Bank card expenses	5,769	5,480	5,177
Professional fees	10,464	14,418	5,423
Other non-interest expense	18,979	13,932	13,591
Other intangible assets amortization	7,386	2,338	1,183
Total non-interest expense	241,971	211,234	191,830
Income before income taxes	175,602	86,184	114,971
Income tax expense	33,554	14,910	21,365
Net income	$142,048	$71,274	$93,606
Earnings per share—basic	$3.74	$2.20	$3.04
Earnings per share—diluted	3.72	2.18	3.01
Weighted average number of common shares outstanding:
Basic	37,937,579	32,360,005	30,727,566
Diluted	38,111,208	32,680,932	31,068,159

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.