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Interest and fees on loans
$87,087K
Other interest income
$3,902K
Interest on securities
$1,489K
Total interest income
$92,478K
Credit enhancement
income
$23,924K
Strategic program fees
$22,024K
Gain on sale of loans,
net
$6,373K
Other miscellaneous
income
$5,018K
Change in fair value on
investment in bfg
$1,300K
Net interest income
$72,183K
Total interest
expense
$20,295K
Total non-interest
income
$58,483K
Net interest income
after provision for...
$33,610K
Sba loan servicing
fees, net
-$156K
Provision for credit
losses
$38,573K
Interest on deposits
$20,295K
Income before income
taxes
$21,760K
Total non-interest
expense
$70,333K
Net income
$16,091K
Provision for income taxes
$5,669K
Salaries and employee
benefits
$42,288K
Other operating
expenses
$12,783K
Credit enhancement
guarantee expense
$8,533K
Professional services
$3,630K
Occupancy and equipment
expenses
$1,877K
Credit enhancement
servicing expense
$1,222K
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Income Statement
source: myfinsight.com
Finwise Bancorp (FINW)
Finwise Bancorp (FINW)