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Interest and fees on loans
$154,378K
Interest and dividends on
taxable investments
$22,887K
Interest and dividends on
nontaxable investments
$2,722K
Total interest income
$179,987K
Net interest income
$134,712K
Employee benefit
services
$34,572K
Deposit service fees
$15,917K
Insurance services
$12,586K
Wealth management
services
$10,332K
Other banking
services
$4,794K
Mortgage banking
$1,100K
Total interest
expense
$45,275K
Net interest income
after provision for...
$129,076K
Total noninterest
revenues
$78,574K
Provision for credit
losses
$5,636K
Unrealized (loss) gain on
equity securities
-$401K
Loss from equity
method investments
-$326K
Interest on deposits
$39,373K
Interest on borrowings
$5,902K
Income before income
taxes
$74,614K
Total noninterest
expenses
$133,036K
Net income
$57,218K
Income taxes
$17,396K
Salaries and employee
benefits
$80,322K
Data processing and
communications
$17,871K
Occupancy and equipment
$14,882K
Other expenses
$8,110K
Legal and
professional fees
$5,070K
Amortization of intangible
assets
$4,246K
Business development and
marketing
$2,535K
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Income Statement
source: myfinsight.com
COMMUNITY FINANCIAL SYSTEM, INC. (CBU)
COMMUNITY FINANCIAL SYSTEM, INC. (CBU)