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