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msbb: the income statement
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Interest-bearing deposits and
other
$289,417
Investment securities
$337,029
Loans
$8,808,611
Total interest income
$9,435,057
Other income
$37,021
Bank owned life
insurance
$47,274
Gain on sale of
foreclosed real estate
$6,982
Loan servicing fees
$35,110
Gain on sale of loans
$26,924
Late charges and fees
on loans
$123,711
Service fees on deposits
$227,822
Net interest income
$6,797,812
Total interest
expense
$2,637,245
Total noninterest
income
$504,844
Net interest income
after provision for...
$6,731,812
Provision for credit
losses
$66,000
Federal home loan bank
advances
$791,657
Deposits
$1,845,588
Income before income
taxes
$1,227,673
Total noninterest
expense
$6,008,983
Net income
$972,305
Provision for income taxes
$255,368
Other
$504,840
Loan expenses
$264,580
Advertising
$93,150
Deposit account
services expense
$189,431
Professional services
$535,051
Fdic insurance
premiums
$80,978
Franchise taxes
$140,691
Data processing fees
$856,108
Occupancy and equipment
$556,300
Directors fees
$84,000
Salaries and employee
benefits
$2,703,854
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Income Statement
source: myfinsight.com
Mercer Bancorp, Inc. (MSBB)
Mercer Bancorp, Inc. (MSBB)