miff: the income statement

MyFinsight

For the quarter ending 2025-03-31, MIFF made $314K in revenue. $1,806K in net income. Net profit margin of 575.16%.

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

Income Statement	2025-03-31
Noninterest income, revenues	314
Net marketable equity security gain	7
Other	59
Gain on sale of premises	52
Mortgage banking revenue	42
Commissions from investment product sales	48
Earnings on bank owned life insurance	63
Total noninterest income	585
Other borrowings	1
Federal home loan bank advances	442
Deposits	2,218
Total interest expense	2,661
Taxable	531
Tax-exempt	295
Federal funds sold	6
Interest-bearing deposits in banks	116
Interest and fees on loans	6,407
Dividends	48
Total interest and dividend income	7,403
Net interest income	4,742
Provision for credit losses	7
Net interest income after provision for credit losses	4,735
Pennsylvania shares tax	114
Professional fees	46
Other	400
Net occupancy and equipment expense	302
Salaries and employee benefits	1,795
Data processing fees	177
Fdic deposit insurance	67
Merger expenses	163
Advertising expense	31
Total noninterest expense	3,095
Income before income taxes	2,225
Income taxes	419
Net income	1,806

Basic eps	0.97
Diluted eps	0.97
Basic average shares	1,858,536
Diluted average shares	1,858,536