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mbbc: the income statement
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$197,495
Debt securities
$56,814
Loans, including fees
$2,621,106
Total interest income
$2,875,415
Other income
$5,415
Increase in cash value of
life insurance
$69,893
Mortgage banking income
$81,262
Service charges on
deposit accounts
$33,108
Provision for (recovery
of) credit losses
-$40,000
Net interest income
$1,953,024
Total interest
expense
$922,391
Total non-interest
income
$189,678
Net interest income
after provision for...
$1,993,024
Borrowings and other
$140,172
Deposits
$782,219
Income before
provision for income taxes
$547,319
Total non-interest
expenses
$1,635,383
Net income
$444,293
Provision for income taxes
$103,026
Other expenses
$191,983
Foreclosed assets, net
$16,235
Marketing expenses
$21,450
Professional fees
$192,521
Data processing and
office
$99,343
Occupancy and equipment
expenses
$215,979
Salaries and employee
benefits
$897,872
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Income Statement
source: myfinsight.com
Marathon Bancorp, Inc. MD (MBBC)
Marathon Bancorp, Inc. MD (MBBC)