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Interest and fees on loans
$308,066K
Non-loan interest and
dividend income
$7,254K
Total dividend and
interest income
$315,320K
Net interest income
$216,893K
Gain on equity
investments, net
$24,552K
Gain on taxi
medallion assets, net
$4,632K
Other income
$3,884K
Strategic partnership
fees
$3,621K
Gain on sale of
recreation loans held for...
$1,304K
Total interest
expense
$98,427K
Net interest income
after allowance for...
$127,071K
Total other income,
net
$37,993K
Provision for credit
losses
$89,822K
Interest on deposits
$80,361K
Interest on long-term
debt
$15,226K
Interest on short-term
borrowings
$2,840K
Income (loss) before
income taxes
$79,885K
Total other expenses
$85,179K
Net income after
taxes
$55,341K
Income tax provision
$24,544K
Salaries and employee
benefits
$41,664K
Other expenses
$12,461K
Loan servicing fees
$11,500K
Collection costs
$6,681K
Professional fee costs
(benefits), net
$5,005K
Regulatory fees
$3,634K
Rent expense
$2,789K
Amortization of intangible
assets
$1,445K
Net income (loss)
attributable to medallion...
$43,044K
Less income
attributable to the...
$8,782K
Lessredemption of series f
preferred stock - funds...
$3,515K
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Income Statement
source: myfinsight.com
MEDALLION FINANCIAL CORP (MFIN)
MEDALLION FINANCIAL CORP (MFIN)