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mcbs: the income statement
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Federal funds sold
$144K
(80.00%↑ Y/Y)
Other investment
income
$2,884K
(-15.60%↓ Y/Y)
Loans, including fees
$50,975K
(1.27%↑ Y/Y)
Provision for loan losses
-$581K
(-188.97%↓ Y/Y)
Total interest income
$54,003K
(0.32%↑ Y/Y)
Other income
$808K
(-10.92%↓ Y/Y)
Sba servicing
income, net
$1,203K
(-2.27%↓ Y/Y)
Gain on sale of sba
loans
$558K
(-48.48%↓ Y/Y)
Mortgage servicing
income, net
$516K
(22.27%↑ Y/Y)
Gain on sale of
residential mortgage loans
$166K
(-68.44%↓ Y/Y)
Revenue from contract
with customer-Other...
$2,376K
Revenue from contract
with...
$551K
Provision for credit
losses
-$543K
(-193.30%↓ Y/Y)
Net interest income
$31,792K
(4.96%↑ Y/Y)
Provision for unfunded
commitments
$38K
(153.52%↑ Y/Y)
Total interest
expense
$22,211K
(-5.66%↓ Y/Y)
Total noninterest
income
$6,178K
(-6.61%↓ Y/Y)
Net interest income
after provision for...
$32,335K
(8.85%↑ Y/Y)
Fhlb advances and
other borrowings
$4,412K
(11.92%↑ Y/Y)
Deposits
$17,799K
(-9.20%↓ Y/Y)
Income before
provision for income taxes
$23,839K
(5.19%↑ Y/Y)
Total noninterest
expense
$14,674K
(7.42%↑ Y/Y)
Net income
available to common...
$17,270K
(3.41%↑ Y/Y)
Provision for income taxes
$6,569K
(10.20%↑ Y/Y)
Other expenses
$3,756K
(15.14%↑ Y/Y)
Advertising
$161K
(11.03%↑ Y/Y)
Data processing
$394K
(26.69%↑ Y/Y)
Occupancy and equipment
$1,410K
(-1.40%↓ Y/Y)
Salaries and employee
benefits
$8,953K
(5.18%↑ Y/Y)
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Income Statement
source: myfinsight.com
MetroCity Bankshares, Inc. (MCBS)
MetroCity Bankshares, Inc. (MCBS)