earnings
confidence high
sentiment positive
materiality 0.55
Hawthorn Bancshares Q3 net income $5.8M ($0.88 EPS); NIM expands to 3.78%
HAWTHORN BANCSHARES, INC.
2021-Q3 EPS reported
$2.50
- Net income $5.8M ($0.88 diluted EPS), up $0.9M from linked quarter and $0.8M YoY.
- Net interest margin (FTE) 3.78%, up from 3.40% linked quarter, driven by $1.6M PPP fee income.
- Loans held for investment $1.28B, down 0.9% linked quarter; ex-PPP loans grew 1.0%.
- Non-performing loans $32.8M (2.56% of loans), down $1.0M from linked quarter.
- Quarterly cash dividend of $0.15 per share declared, payable Jan 1, 2022, consistent with prior rate.