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Loans and other
finance receivables,...
$38,144K
Securities - taxable
$1,847K
Cash and cash
equivalents
$398K
Securities - tax-exempt
$323K
Total interest income
$40,712K
Net interest income
$23,202K
Mortgage banking income
$4,528K
Wealth management
income
$1,729K
Other
$969K
Total interest
expense
$17,510K
Earnings on investment in
life insurance
$272K
Sba loan income
$150K
Net loss on hedging
activity
$18K
Net interest income
after provision for...
$15,709K
Total non-interest
income
$7,037K
Provision for credit
losses
$7,493K
Net change in the
fair value of loans...
-$380K
Deposits
$15,223K
Borrowings and
subordinated debentures
$2,287K
Net gain on sale of
msrs
-$159K
Net change in the
fair value of...
-$51K
Net change in the
fair value of loans...
-$39K
Income before income
taxes
$2,588K
Total non-interest
expense
$20,158K
Provision for credit
losses - funded loans
$7,438K
Provision for credit
losses - unfunded loans
$55K
Net income
$2,006K
Income tax expense
$582K
Salaries and employee
benefits
$12,386K
Other
$2,692K
Data processing and
software
$1,973K
Occupancy and equipment
$1,183K
Professional fees
$974K
Advertising and promotion
$692K
Pennsylvania bank shares tax
$258K
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Income Statement
source: myfinsight.com
Meridian Corp (MRBK)
Meridian Corp (MRBK)