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Interest and fees on loans
$118,822K
Taxable interest income
$17,571K
Other, principally
overnight investments
$6,693K
Tax-exempt interest income
$1,114K
Total interest income
$144,200K
Net interest income
$102,489K
Total interest
expense
$41,711K
Net interest income
after provision for...
$99,047K
Provision for credit
losses
$3,442K
Interest on deposits
$40,035K
Interest on borrowings
$1,676K
Income before income
taxes
$25,957K
Total noninterest
expenses
$60,211K
Total noninterest
income
-$12,879K
Other service charges
and fees
$6,355K
Service charges on
deposit accounts
$4,225K
Commissions from sales of
financial products
$1,678K
Bank-owned life insurance
income
$1,289K
Sba loan sale gains
$869K
Presold mortgage loan
fees and gains on sale
$471K
Other income, net
$139K
Net income
$20,363K
Income tax expense
$5,594K
Total personnel
expense
$36,816K
Other operating
expenses
$16,856K
Occupancy and equipment
expense
$5,145K
Intangibles amortization
expense
$1,394K
Securities losses, net
-$27,905K
Salaries, incentives and
commissions expense
$31,065K
Employee benefit expense
$5,751K
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Income Statement
source: myfinsight.com
FIRST BANCORP NC (FBNC)
FIRST BANCORP NC (FBNC)