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fvcb: the income statement
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Interest on deposits at
other financial...
$1,817,000
Dividends on restricted
stock
$118,000
Interest and dividends on
securities...
$906,000
Interest and dividends on
securities...
$2,000
Interest and fees on loans
$26,984,000
Total interest and
dividend income
$29,827,000
Other income
$131,000
Income from minority
membership interests
$508,000
Boli income
$73,000
Service charges on
deposit accounts
$321,000
Net interest income
$16,033,000
Total interest
expense
$13,794,000
Total noninterest
income
$1,033,000
Net interest income
after provision for...
$15,658,000
Provision for (recovery
of) credit losses
$375,000
Interest on subordinated
notes
$245,000
Interest on short-term
debt
$478,000
Interest on deposits
$13,071,000
Net income before
income tax expense
$7,219,000
Total noninterest
expenses
$9,472,000
Net income
$5,579,000
Income tax expense
$1,640,000
Other operating
expenses
$896,000
Core deposit
intangible amortization
$30,000
Directors fees
$150,000
Loan processing fee
(income)
$280,000
Marketing, business
development and advertising
$211,000
Fdic insurance
$238,000
State franchise taxes
$583,000
Internet banking and
software expense
$890,000
Data processing and
network administration
$559,000
Occupancy and equipment
expense
$520,000
Salaries and employee
benefits
$5,115,000
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Income Statement
source: myfinsight.com
FVCBankcorp, Inc. (FVCB)
FVCBankcorp, Inc. (FVCB)