wneb: the income statement

MyFinsight

Western New England Bancorp, Inc. (WNEB)

For the quarter ending 2025-06-30, WNEB made $32,408K in revenue. $4,590K in net income. Net profit margin of 14.16%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Income tax provision	1,422
Service charges and fees	2,528
Gain on non-marketable equity investments	243
Other income	95
Gain on sale of mortgages	4
Loss on sale of premises and equipment	-
Net unrealized gain on marketable equity securities	25
Income from bank-owned life insurance	516
Total non-interest income	3,411
Software	645
Debit card and atm processing expense	674
Professional fees	623
Other expenses	1,352
Occupancy	1,265
Salaries and employees benefits	8,831
Data processing	933
Fdic insurance assessment	399
Furniture and equipment	491
Advertising	443
Total non-interest expense	15,656
Reversal of credit losses	-615
Subordinated debt	254
Short-term borrowings	47
Long-term debt	1,232
Deposits	10,437
Total interest expense	11,970
Other investments	169
Short-term investments	641
Total interest income from cash and cash equivalents	810
Consumer loans	71
Commercial and industrial loans	3,596
Residential and commercial real estate loans	22,547
Total interest income from loans	26,214
Investment securities, tax-exempt	-
Investment securities, taxable	2,587
Marketable equity securities	1
Total interest and dividend income from investment securities	2,588
Total interest and dividend income	29,612
Net interest and dividend income	17,642
Net interest and dividend income after reversal of credit losses	18,257
Income before income taxes	6,012
Net income	4,590

Basic earnings per share	0.23
Diluted earnings per share	0.23
Weighted average basic shares outstanding	20,210,650
Weighted average diluted shares outstanding	20,312,881

Unit: Thousand (K) dollars (except for numbers of shares and EPS)