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Loans, including fees
$49,920K
Taxable
$4,517K
Federal home loan bank of
new york stock
$211K
Tax-exempt
$58K
Total interest and
dividend income
$54,706K
Net interest and
dividend income
$31,896K
Service charges
$1,439K
Gains on sba loans
$1,135K
Income on bank owned
life insurance
$673K
Net gains on oreo
$229K
Interest rate swap fees
$179K
Other operating
income
$58K
Total interest
expense
$22,810K
Net interest and
dividend income after...
$31,494K
Total other income
$3,713K
Total provision for
credit losses
$402K
Recovery for credit
losses-unfunded commitments
-$251K
Deposits
$21,756K
Borrowings
$1,054K
Income before income
tax expense
$13,809K
Total other expenses
-$21,398K
Provision for credit
losses-loans
$653K
Net income
$9,760K
Income tax expense
$4,049K
Compensation and employee
benefits
$12,716K
Occupancy expenses
$3,463K
Other expenses
$2,367K
Director fees and
benefits
$787K
Professional fees
$705K
Data processing
expenses
$471K
Fdic deposit
insurance premiums
$451K
Marketing and business
development
$438K
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Income Statement
source: myfinsight.com
Magyar Bancorp, Inc. (MGYR)
Magyar Bancorp, Inc. (MGYR)