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Income Statement
Mercer Bancorp, Inc. (MSBB)
source: myfinsight.com
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Loans
$2,241,947
Investment securities
$83,546
Interest-bearing deposits and
other
$77,138
Total interest income
$2,402,631
Net interest income
$1,768,719
Service fees on deposits
$30,079
Late charges and fees
on loans
$28,152
Loan servicing fees
$6,344
Bank owned life
insurance
$16,625
Gain on sale of loans
$8,968
Other income
$4,014
Total interest
expense
$633,912
Net interest income
after provision for...
$1,730,719
Total noninterest
income
$94,182
Provision for credit
losses
$38,000
Federal home loan bank
advances
$172,531
Deposits
$461,381
Income before income
taxes
$427,240
Total noninterest
expense
$1,397,661
Net income
$333,698
Provision for income taxes
$93,542
Deposit account
services expense
$19,181
Advertising
$21,722
Fdic insurance
premiums
$20,169
Data processing fees
$164,271
Salaries and employee
benefits
$703,457
Loan expenses
$55,534
Directors fees
$22,800
Occupancy and equipment
$137,800
Other
$102,224
Professional services
$114,544
Franchise taxes
$35,959
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