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cbk: the income statement
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Interest-bearing time deposits
$759,917
Dividends on restricted
stock
$155,591
Debt
securities-tax-exempt
$102,154
Debt
securities-taxable
$929,519
Loans, including fees
$28,073,755
Total interest and
dividend income
$30,020,936
Other
$608,564
Increase in bank owned
life insurance
$306,026
Atm fees
$845,782
Net gains on sales of
foreclosed assets
$109,720
Net gains on sales of
premises and equipment
$20,500
Customer service fees
$735,353
Net interest income
$20,221,599
Total interest
expense
$9,799,337
Total noninterest
income
$2,625,945
Net interest income
after provision for...
$20,221,599
Long-term debt
$1,090,087
Short-term borrowings
$55,431
Deposits
$8,653,819
Income before income
taxes
$12,295,103
Total noninterest
expense
$10,552,441
Net income
$9,466,149
Provision for income taxes
$2,828,954
Other
$1,624,003
Depreciation and
amortization
$954,748
Professional fees
$135,786
Deposit insurance
premiums
$267,221
Data processing
$1,103,542
Occupancy
$738,481
Salaries and employee
benefits
$5,728,660
Commercial bancgroup, inc
$9,466,149
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Income Statement
source: myfinsight.com
Commercial Bancgroup, Inc. (CBK)
Commercial Bancgroup, Inc. (CBK)