flic: the income statement

MyFinsight

FLIC

For the quarter ending 2025-03-31, FLIC made $829K in revenue. $3,756K in net income. Net profit margin of 453.08%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-03-31	2024-09-30	2024-06-30
Service charges on deposit accounts	829	842	821
Other	976	1,492	1,186
Bank-owned life insurance	912	876	857
Net loss on sales of securities	-	-	-
Noninterest income	2,717	3,210	2,864
Branch consolidation expenses	-	547	-
Other	3,954	3,378	3,239
Occupancy and equipment	3,233	2,965	3,110
Salaries and employee benefits	9,711	9,695	9,500
Merger expenses	230	866	-
Noninterest expense	17,128	17,451	15,849
Provision for credit losses	168	170	570
Time deposits	6,403	6,712	7,059
Overnight advances	71	125	4
Savings, now and money market deposits	10,318	12,117	11,437
Other borrowings	4,501	4,656	5,615
Interest expense, operating	21,293	23,610	24,115
Nontaxable	956	955	957
Taxable	5,374	6,229	7,479
Loans	33,785	35,026	34,110
Interest and dividend income, operating	40,115	42,210	42,546
Net interest income	18,822	18,600	18,431
Net interest income after provision for credit losses	18,654	18,430	17,861
Income before income taxes	4,243	4,189	4,876
Income tax expense	487	-410	78
Net income	3,756	4,599	4,798

Basic eps	0.17	0.2	0.21
Diluted eps	0.17	0.2	0.21
Basic average shares	22,625,117	22,529,051	22,510,359
Diluted average shares	22,711,387	22,667,323	22,560,853

Unit: Thousand (K) dollars (except for numbers of shares and EPS)