Alliance Financial Corp (ALNC) Income Statement

Click line-items for a historical chart and %

Interest income:
Interest and fees on loans and leases	9.73M
Federal funds sold and interest bearing deposits
Interest and dividends on taxable securities	1.6M
Interest and dividends on nontaxable securities	628K
Total interest income	11.98M
Interest expense:
Savings accounts	30K
Money market accounts	249K
Time accounts	812K
NOW accounts	30K
Total deposits	1.12M
Borrowings:
Repurchase agreements	210K
FHLB advances	524K
Junior subordinated obligations issued to unconsolidated subsidiary trusts	170K
Total interest expense	2.03M
Net interest income	9.95M
Provision for credit losses	0
Net interest income after provision for credit losses	9.95M
Non-interest income:
Investment management income	1.83M
Service charges on deposit accounts	1.07M
Card-related fees	688K
Insurance agency income
Income from bank-owned life insurance	250K
Gain on the sale of loans	508K
Other non-interest income	233K
Total non-interest income	4.58M
Non-interest expense:
Salaries and employee benefits	5.76M
Occupancy and equipment expense	1.77M
Communication expense	153K
Office supplies and postage expense	298K
Marketing expense
Amortization of intangible assets	222K
Professional fees	1.62M
FDIC insurance premium	216K
Other non-interest expense	1.53M
Total non-interest expense	11.71M
Income before income tax expense	2.83M
Income tax expense	540K
Net income	2.29M
Net income per share:
Basic earnings per share	0.48
Diluted earnings per share	0.48
Cash dividends declared per share	0.32

Entities mentioned with ALNC