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