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Income Statement
MEDALLION FINANCIAL CORP (MBNKO)
source: myfinsight.com
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Non-loan interest and
dividend income
$1,914K
Interest and fees on loans
$75,528K
Total interest income
$77,442K
Net interest income
$53,370K
Gain on taxi
medallion assets, net
$749K
Strategic partnership
fees
-$787K
Gain (loss) on equity
investments, net
$6,096K
Gain on sale of
recreation loans held for...
$1,304K
Other income
$273K
Total interest
expense
$24,072K
Net interest income
after provision for...
$31,808K
Total other income,
net
$9,209K
Provision for credit
losses
$21,562K
Interest on deposits
$19,608K
Interest on long-term
debt
$3,916K
Interest on short-term
borrowings
$548K
Income before income
taxes
$19,472K
Total other expenses
$21,545K
Net income after
taxes
$13,667K
Income tax provision
$5,805K
Collection costs
$1,749K
Rent expense
$683K
Loan servicing fees
$2,899K
Professional fee costs, net
$1,187K
Regulatory fees
$1,109K
Amortization of intangible
assets
$362K
Salaries and employee
benefits
$10,148K
Other expenses
$3,408K
Net income
attributable to medallion...
$11,069K
Less income
attributable to the...
$2,598K
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