Fee Revenue and Other Income: | |
Information services payment and processing revenue | 21.74M |
Bank service fees | 284K |
Gains on sales of securities | 0 |
Other | 127K |
Total fee revenue and other income | 22.15M |
Interest Income: | |
Interest and fees on loans | 7.26M |
Interest and dividends on securities: | |
Taxable | 36K |
Exempt from federal income taxes | 2.39M |
Interest on federal funds sold and other short-term investments | 299K |
Total interest income | 9.99M |
Interest Expense: | |
Interest on deposits | 505K |
Net interest income | 9.48M |
Provision for loan losses | 0 |
Net interest income after provision for loan losses | 9.48M |
Total net revenue | 31.63M |
Operating Expense: | |
Salaries and employee benefits | 18.32M |
Occupancy | 860K |
Equipment | 1.12M |
Amortization of intangible assets | 101K |
Other operating | 3.15M |
Total operating expense | 23.55M |
Income before income tax expense | 8.08M |
Income tax expense | 1.86M |
Net Income | 6.22M |
Basic Earnings Per Share (in dollars per share) | 0.56 |
Diluted Earnings Per Share (in dollars per share) | 0.55 |