Interest and Dividend Income | |
Interest and fees on loans | 11.65M |
Interest-bearing deposits and federal funds sold | |
Interest and dividends on securities | 1.03M |
Total interest and dividend income | 12.78M |
Interest Expense | |
Interest on deposits | 1.35M |
Interest on short-term borrowings | 73K |
Interest on long-term borrowings | 213K |
Interest on subordinated debentures | |
Total interest expense | 1.64M |
Net interest income | 11.14M |
Provision for loan losses | |
Net interest income after provision for loan losses | 10.39M |
Noninterest Income | |
Service fees on deposit accounts | 249K |
Gain on sale of loans | 8.32M |
Mortgage broker fee income | |
Other income | 120K |
Total noninterest income | 8.69M |
Noninterest Expense | |
Compensation and employee benefits | 8.21M |
Occupancy and equipment | 768K |
Other operating expenses | 3.19M |
Total noninterest expense | 12.17M |
Income before income taxes | 6.91M |
Income tax expense | 2.48M |
NET INCOME | 4.43M |
Earnings per common share: | |
Basic | 0.42 |
Diluted | 0.41 |
Average outstanding shares: | |
Basic | 10.6M |
Diluted | 10.69M |