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Loans, including fees
$7,987,603
Taxable
$2,261,418
Other
interest-earning assets
$236,587
Tax-exempt
$2,889
Total interest income
$10,488,497
Net interest income
$4,426,491
Bank-owned life insurance
$222,292
Fees and service
charges
$65,151
Other
$33,804
Total interest
expense
$6,062,006
Net interest income
after provision...
$4,376,491
Total non-interest
income
$321,247
Provision (recovery) for
credit losses
$50,000
Deposits
$4,990,259
Fhlb advances
$1,071,747
Income before income
taxes
$918,080
Total non-interest
expense
$3,779,658
Net income
$705,946
Income tax expense
(benefit)
$212,134
Salaries and employee
benefits
$2,052,846
Occupancy and equipment
$702,357
Data processing
$270,715
Professional fees
$242,281
Other
$221,828
Director fees
$138,631
Fdic insurance
assessment
$99,000
Advertising
$52,000
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Income Statement
source: myfinsight.com