BUSE Income Statement

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Interest income:
Interest and fees on loans 22.96M
Interest and dividends on investment securities:
Taxable interest income 3.17M
Non-taxable interest income 983K
Dividends
Total interest income 27.12M
Interest expense:
Deposits 2.1M
Securities sold under agreements to repurchase
Short-term borrowings 9K
Long-term debt 81K
Junior subordinated debt owed to unconsolidated trusts 301K
Total interest expense 2.53M
Net interest income 24.58M
Provision for loan losses 2M
Net interest income after provision for loan losses 22.58M
Other income:
Trust fees 5.21M
Commissions and brokers' fees, net 540K
Remittance processing 2.1M
Service charges on deposit accounts 2.73M
Other service charges and fees 1.44M
Gain on sales of loans 3.5M
Security (losses) gains, net
Other 1.13M
Total other income 16.64M
Other expenses:
Salaries and wages 13.56M
Employee benefits 3.23M
Net occupancy expense of premises 2.18M
Furniture and equipment expense 1.25M
Data processing 2.64M
Amortization of intangible assets 783K
Regulatory expense 646K
OREO expense 543K
Other 4.73M
Total other expenses 29.57M
Income before income taxes 9.66M
Income taxes 3.22M
Net income
Preferred stock dividends and discount accretion
Net income available to common stockholders 5.53M
Basic earnings per common share (in dollars per share) 0.06
Diluted earnings per common share (in dollars per share) 0.06
Dividends declared per share of common stock (in dollars per share) 0

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