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Income Statement
FIRST BANCORP NC (FBNC)
source: myfinsight.com
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Interest and fees on loans
$112,931K
Other, principally
overnight investments
$5,837K
Taxable interest income
$16,857K
Tax-exempt interest income
$1,116K
Total interest income
$136,741K
Net interest income
$96,676K
Presold mortgage loan
fees and gains on sale
$315K
Other service charges
and fees
$6,595K
Sba loan sale gains
$151K
Service charges on
deposit accounts
$3,976K
Bank-owned life insurance
income
$1,221K
Commissions from sales of
financial products
$1,388K
Other income, net
$695K
Total interest
expense
$40,065K
Net interest income
after provision for...
$94,464K
Total noninterest
income
$14,341K
Provision for credit
losses
$2,212K
Interest on borrowings
$1,660K
Interest on deposits
$38,405K
Income before income
taxes
$49,822K
Total noninterest
expenses
$58,983K
Net income
$38,566K
Income tax expense
$11,256K
Intangibles amortization
expense
$1,468K
Total personnel
expense
$35,192K
Occupancy and equipment
expense
$5,195K
Other operating
expenses
$17,128K
Employee benefit expense
$6,187K
Salaries, incentives and
commissions expense
$29,005K
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