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Interest-bearing deposits and
other
$24,149
Investment securities
$116,939
Loans
$1,438,559
Total interest income
$1,579,647
Other income
$19,369
Increase in cash
surrender value of bank...
$32,243
Loan servicing fees
$3,061
Late charges and fees
on loans
$13,209
Service fees on deposits
$42,300
Provision for credit
losses
-$80,591
Net interest income
$962,491
Total interest
expense
$617,156
Total noninterest
income
$110,182
Net interest income
after provision for...
$1,043,082
Borrowings
$74,531
Deposits
$542,625
Benefit for income taxes
-$7,917
Income (loss) before
income taxes
$9,928
Total noninterest
expense
$1,143,336
Net income (loss)
$17,845
Other
$142,206
Advertising
$23,936
Professional services
$70,960
Fdic insurance
premiums
$20,574
Franchise taxes
$22,232
Data processing fees
$156,292
Occupancy and equipment
$137,077
Directors fees
$29,700
Salaries and employee
benefits
$540,359
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Income Statement
source: myfinsight.com
Monroe Federal Bancorp, Inc. (MFBI)
Monroe Federal Bancorp, Inc. (MFBI)