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CONSOLIDATED STATEMENTS OF INCOME
$ in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2018
USD ($)
$ / shares
Dec. 31, 2018
CLP ($)
$ / shares
Dec. 31, 2017
CLP ($)
$ / shares
Dec. 31, 2016
CLP ($)
$ / shares
STATEMENT OF INCOME        
Interest revenue $ 2,884,396 $ 2,000,617 $ 1,886,700 $ 1,916,992
Interest expense (979,873) (679,640) (652,005) (690,259)
Net interest income 1,904,523 1,320,977 1,234,695 1,226,733
Income from fees and commissions 728,250 505,114 471,702 441,043
Expense from fees and commissions (209,284) (145,159) (124,028) (119,772)
Net fees and commissions income 518,966 359,955 347,674 321,271
Net financial operating income 168,890 117,142 (29,661) 128,575
Foreign exchange transactions, net 3,894 2,701 104,875 12,405
Other operating income 65,304 45,295 29,959 28,575
Total operating revenues 2,661,577 1,846,070 1,687,542 1,717,559
Provisions for loan losses (362,346) (251,323) (221,255) (259,263)
OPERATING REVENUES, NET OF PROVISIONS FOR LOAN LOSSES 2,299,231 1,594,747 1,466,287 1,458,296
Personnel expenses (635,280) (440,630) (409,331) (417,918)
Administrative expenses (477,908) (331,477) (311,455) (306,344)
Depreciation and amortization (54,326) (37,681) (37,536) (35,575)
Impairment property and equipment and ECL allowances over financial instruments at fair value through OCI 1,756 1,218 (166) (274)
Other operating expenses (42,656) (29,586) (25,868) (26,936)
TOTAL OPERATING EXPENSES (1,208,414) (838,156) (784,356) (787,047)
NET OPERATING INCOME 1,090,817 756,591 681,931 671,249
Income attributable to associates 9,820 6,811 5,511 4,014
Income before income taxes 1,100,637 763,402 687,442 675,263
Income taxes (230,346) (159,768) (115,361) (100,212)
NET INCOME FOR THE YEAR 870,291 603,634 572,081 575,051
Attributable to:        
Equity holders of the parent 870,290 603,633 572,080 $ 575,051
Non-controlling interest $ 1 $ 1 $ 1  
Net income per share from continued operations attributable to equity holders of the parent:        
Basic net income per share | (per share) $ 0.01 $ 5.98 $ 5.66 $ 5.69
Diluted net income per share | (per share) $ 0.01 $ 5.98 $ 5.66 $ 5.69