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bsbk: the income statement
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Other
interest-earning assets
$311,250
Tax-exempt
$2,892
Taxable
$2,099,657
Loans, including fees
$8,213,734
Total interest income
$10,627,533
Other
$39,902
Bank-owned life insurance
$221,733
Fees and service
charges
$59,703
Provision (recovery) for
credit losses
-$50,000
Net interest income
$3,894,039
Total interest
expense
$6,733,494
Total non-interest
income
$321,338
Net interest income
after (recovery)...
$3,944,039
Fhlb advances
$1,108,526
Deposits
$5,624,968
Income (loss) before
income taxes
$527,453
Total non-interest
expense
$3,737,924
Net income (loss)
$454,625
Income tax expense
(benefit)
$72,828
Other
$156,897
Professional fees
$361,620
Director fees
$154,122
Advertising
$10,350
Data processing
$293,200
Fdic insurance
assessment
$98,438
Occupancy and equipment
$639,570
Salaries and employee
benefits
$2,023,727
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Income Statement
source: myfinsight.com
Bogota Financial Corp. (BSBK)
Bogota Financial Corp. (BSBK)