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Interest and fees on loans
$28,388,000
Interest and dividends on
securities...
$865,000
Interest on deposits at
other financial...
$475,000
Dividends on restricted
stock
$91,000
Interest and dividends on
securities...
$2,000
Total interest and
dividend income
$29,821,000
Net interest income
$17,404,000
Service charges on
deposit accounts
$361,000
Income from minority
membership interests
$240,000
Other income
$209,000
Bank owned life
insurance income
$73,000
Total interest
expense
$12,417,000
Net interest income
after provision for...
$17,236,000
Total noninterest
income
$883,000
Provision for credit
losses
$168,000
Interest on deposits
$11,703,000
Interest on long-term
debt
$566,000
Interest on short-term
debt
$148,000
Net income before
income tax expense
$8,247,000
Total noninterest
expenses
$9,872,000
Net income
$6,386,000
Income tax expense
$1,861,000
Salaries and employee
benefits
$5,442,000
Other operating
expenses
$903,000
Internet banking and
software expense
$884,000
Data processing and
network administration
$618,000
State franchise taxes
$568,000
Occupancy and equipment
expense
$538,000
Fdic insurance
$330,000
Loan processing fee
(income)
$244,000
Directors fees
$165,000
Marketing, business
development and advertising
$155,000
Core deposit
intangible amortization
$25,000
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Income Statement
FVCBankcorp, Inc. (FVCB)
FVCBankcorp, Inc. (FVCB)
source: myfinsight.com