Community Bank System (CBU) Income Statement

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Interest income:
Interest and fees on loans	53.71M
Interest and dividends on taxable investments	13.34M
Interest and dividends on nontaxable investments	4.27M
Total interest income	71.32M
Interest expense:
Interest on deposits
Interest on borrowings
Interest on subordinated debt held by unconsolidated subsidiary trusts	746K
Total interest expense	2.86M
Net interest income	68.46M
Less: provision for loan losses
Net interest income after provision for loan losses	66.67M
Noninterest income:
Deposit service fees	14.89M
Mortgage banking and other services
Benefit plan administration, consulting and actuarial fees
Wealth management services
Gain on investment securities & debt extinguishments, net
Total noninterest income	39.95M
Operating expenses:
Salaries and employee benefits	38.3M
Occupancy and equipment	7.37M
Data processing and communications	8.74M
Amortization of intangible assets	1.36M
Legal and professional fees	1.93M
Office supplies and postage	1.71M
Business development and marketing	2M
FDIC insurance premiums	707K
Acquisition expenses	2K
Other	4.1M
Total operating expenses
Income before income taxes	40.4M
Income taxes	13.24M
Net income	27.16M
Basic earnings per share (in dollars per share)	0.61
Diluted earnings per share (in dollars per share)	0.61
Dividends declared per share (in dollars per share)	0.32

Entities mentioned with CBU