Harleysville Financial : Announces Regular Cash Dividend and Second Quarter Earnings for Fiscal Year 2022 financials

Harleysville Financial Corporation

Selected Consolidated Financial Data as of March 31, 2022

(Dollars in thousands except per share data) ( Unaudited)

Selected Consolidated Earnings Data Total interest income

Total interest expense

Year-To-Date Six Months Ended:

Three Months Ended:Mar 31, 2022

Mar 31, 2021

Mar 31, 2022

Dec 31, 2021

Sept 30, 2021

Jun 30, 2021

Mar 31, 2021

$

12,647 1,791

$

14,140 2,579

$

6,181

$

6,466

$

6,555 1,067

$

6,628

• $ 6,980

  834

  957

  1,187 1,239

  Net Interest Income

  Provision for loan losses

  Net Interest Income after Provision for Loan Losses

  10,856

  11,561

  5,347

  5,509

  5,488

  5,441 5,741

  60

  190

  -

  60

  90

  105 95

  10,796

  11,371

  5,347

  5,449

  5,398

  5,336 5,646

  Gain on sales of loans Bank owned life insurance

  Other income

  Total other expenses

  21 195 1,265 7,403

  162 4

  199 97

  1,249 609

  7,300 3,727

  17 98 656 3,676

  61 99 679 4,203

  29 96

  95 99

  603 612 3,928 3,706

  Income before income taxes Income tax expense

  4,874 1,192

  5,681 2,330 1,525 503

  2,544 689

  2,034 488

  2,135 2,747 553 693

  Net Income

  Per Common Share Data

  Basic earnings

  Diluted earnings Dividends

  Tangible book value Shares outstanding

  Average shares outstanding - basic Average shares outstanding - diluted

  Harleysville Financial Corporation

  $

  3,682

  $ $ $ $

  0.99 0.98 0.57 22.04

  3,721,936 3,715,656 3,757,980

  Selected Consolidated Financial Data as of March 31, 2022

  (Dollars in thousands except per share data)

  ( Unaudited)

  Other Selected Consolidated Data Return on average assets

  Return on average equity Net interest rate spread

  Net yield on interest earning assets Operating expenses to average assets Efficiency ratio

  Ratio of non-performing loans to total assets at end of period

  Loan loss reserve to total loans, net Stockholders' equity to assets

  $

  4,156

  $ $ $ $

  1.11 1.10 0.55 21.50

  3,743,203 3,750,638 3,777,646

  Year-To-Date

  Mar 31, 2022

  • $ 1,827

  $

  1,855

  $

  1,546

  $

  1,582

• $ 2,054

$ $ $ $

0.49 0.49 0.29 22.04

$ $ $ $

0.50 0.49 0.28 21.90

$ $ $ $

0.41 0.41 0.28 21.69

$ $ $ $

0.42 0.42 0.28 21.61

• $ 0.55

• $ 0.54

• $ 0.28

• $ 21.50

3,721,936 3,714,270 3,757,258

3,710,135 3,717,096 3,759,512

3,721,038 3,732,812 3,776,160

• 3,741,307 3,743,203

• 3,744,305 3,748,385

• 3,788,028 3,780,590

Three Months Ended:

Mar 31, 2021

Mar 31, 2022

Dec 31, 2021

Sept 30, 2021

Jun 30, 2021

Mar 31, 2021

0.81%

0.95%

0.80%

0.82%

0.68%

0.69% 0.93%

9.09%

10.47%

8.98%

9.19%

7.66%

7.87% 10.29%

2.33%

2.55%

2.28%

2.37%

2.34%

2.29% 2.49%

2.44%

2.70%

2.38%

2.49%

2.48%

2.44% 2.64%

1.63%

1.67%

1.63%

1.63%

1.86%

1.72% 1.67%

60.11%

56.12%

61.58%

58.69%

67.08%

63.98% 57.44%

0.78% 0.91% 8.94%

0.82% 0.92% 8.90%

0.78% 0.91% 8.94%

0.79% 0.97% 8.94%

0.84% 1.00% 9.04%

0.84% 0.82% 0.95% 0.92% 8.94% 8.90%

Selected Consolidated Financial Data Total assets

Cash & investment securities

Mortgage-backed securities Total Investments

Consumer Loans receivable Commercial Loans receivable

SBA Paycheck Protection Program (PPP) Loan loss reserve

Total Loans receivable net Total Loans held for sale FHLB stock

Checking accounts Savings accounts

Certificate of deposit accounts

Total Deposits

Advances

Total stockholders' equity

Mar 31, 2022

Dec 31, 2021

Sept 30, 2021

Jun 30, 2021

Mar 31, 2021

$ 917,612

$ 908,922

$ 892,639

$ 904,670

$ 904,515

224,157

248,696

227,857

• 225,490 220,822

  119,837

  93,985

  83,412

• 76,177 71,683

  343,994

  342,681

  311,269

• 301,667 292,505

  275,158

  279,807

  291,817

• 303,367 316,840

  267,248 -

  254,490

  250,627

• 254,856 244,148

  694

  7,782

• 13,069 18,029

(4,930)

(5,199)

(5,520)

(5,422)

(5,320)

537,476 -

3,363

529,792

3,477

464

544,706

3,583

466

565,870 192 3,955

573,697 939 4,281

299,873

292,631

273,274

• 269,246 270,878

  320,604

  308,028

  299,306

• 293,948 281,350

  136,311

  151,085

  153,356

• 159,271 165,310

  756,788

  751,744

  725,936

• 722,465 717,538

  67,745

  66,682

  77,558

• 89,357 95,043

  82,031

  81,254

  80,702

• 80,845 80,467