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smbk: the income statement
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Federal funds sold and
other earning assets
$4,919K
Tax-exempt
$441K
Taxable
$4,876K
Loans and leases,
including fees
$64,282K
Total interest income
$74,518K
Other
$1,780K
Gain on sale of sbk
insurance ('sbki')
$3,955K
Interchange and debit card
transaction fees, net
$1,338K
Insurance commissions
$1,049K
Investment services
$1,690K
Net interest income
$42,430K
Mortgage banking
$709K
Service charges on
deposit accounts
$1,831K
Total interest
expense
$32,088K
Total noninterest
income
$8,637K
Net interest income
after provision for...
$42,203K
Loss on sale of
securities
-$3,715K
Provision for credit
losses
$227K
Subordinated debt
$1,610K
Borrowings
$14K
Deposits
$30,464K
Income before income
tax expense
$16,971K
Total noninterest
expense
$33,869K
Net income
$13,686K
Income tax expense
$3,285K
Other
$2,846K
Restructuring expenses
$1,310K
Amortization of intangibles
$536K
Professional services
$1,123K
Data processing and
technology
$2,594K
Advertising and marketing
$454K
Other real estate and
loan related expense
$969K
Fdic insurance
$1,025K
Occupancy and equipment
$3,468K
Salaries and employee
benefits
$19,544K
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Income Statement
source: myfinsight.com
SMARTFINANCIAL INC. (SMBK)
SMARTFINANCIAL INC. (SMBK)