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Loans and leases
$77,383,468
Investment securities
$7,705,994
Other
$818,092
Total interest income
$85,907,554
Net interest income
$43,846,338
Other income
$1,545,856
Card fee income
$1,316,702
Service charges on
deposit accounts
$1,265,712
Loan and lease
servicing fees, including...
$680,807
Net gains on loan and
lease sales
$409,369
Total interest
expense
$42,061,216
Net interest income
after provision for...
$41,693,369
Total non-interest
income
$5,062,406
Provision for credit
losses
$2,152,969
Net loss on
securities (includes...
-$156,040
Deposits
$31,248,368
Borrowings
$10,812,848
Income before income
tax expense
$13,653,028
Total non-interest
expenses
$33,102,747
Net income
$11,576,767
Provision for income taxes
(includes (32,769) and...
$2,076,261
Salaries and employee
benefits
$18,543,844
Other expenses
$4,489,017
Data processing fees
$3,789,236
Legal and
professional fees
$1,839,738
Net occupancy
expenses
$1,455,560
Deposit insurance
expense
$1,194,000
Equipment expenses
$1,000,925
Advertising expense
$432,761
Printing and office
supplies
$181,829
Bank service charges
$150,566
Real estate owned
expense
$25,271
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Income Statement
source: myfinsight.com
Richmond Mutual Bancorporation, Inc. (RMBI)
Richmond Mutual Bancorporation, Inc. (RMBI)