mgyr: the income statement

MyFinsight

For the quarter ending 2025-06-30, MGYR made $20,554K in revenue. $2,470K in net income. Net profit margin of 12.02%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-06-30
Deposits	5,548
Borrowings	262
Total interest expense	5,810
Taxable	1,317
Tax-exempt	14
Loans, including fees	12,608
Federal home loan bank of new york stock	49
Total interest and dividend income	13,988
Net interest and dividend income	8,178
Provision for credit losses-loans	120
(recovery of) provision for credit losses-unfunded commitments	-19
Total provision for (recovery of) credit losses	101
Provision for (recovery of) credit losses	8,077
Other operating income	8
Gains on premises and equipment	0
Gains on sba loans	0
Net gains on oreo	6
Income on bank owned life insurance	172
Service charges	340
Interest rate swap fees	110
Total other income	636
Professional fees	186
Other expenses	606
Occupancy expenses	800
Director fees and benefits	194
Compensation and employee benefits	3,104
Data processing expenses	120
Fdic deposit insurance premiums	115
Marketing and business development	114
Total other expenses	-5,239
Income before income tax expense	3,474
Income tax expense	1,004
Net income	2,470

Earnings per share - basic (in dollars per share)	0.4
Earnings per share - diluted (in dollars per share)	0.4
Weighted average shares outstanding - basic (in shares)	6,217,639
Weighted average shares outstanding - diluted (in shares)	6,232,247