Berkshire Bancorp, Inc. (BERK) Income Statement

Click line-items for a historical chart and %

Loans, including related fees	4.27M
Investment securities	2.17M
Interest bearing deposits	65K
Total interest income	6.51M
Deposits	865K
Securities sold under agreements to repurchase	263K
Interest expense on borrowings	0
Total interest expense	1.13M
Net interest income	5.38M
PROVISION FOR LOAN LOSSES	-264K
Net interest income after provision for loan losses	5.65M
Service charges on deposits accounts	96K
Investment securities (losses) gains
Gain on sale of foreclosed real estate, net
Other income	128K
Total non-interest income	249K
Total other than temporary impairment ("OTTI") charges on securities
Less non-credit portion of OTTI recorded in other comprehensive loss
Net OTTI recognized in earnings
Salaries and employee benefits	2.6M
Net occupancy expense	636K
Equipment expense	99K
FDIC assessment	255K
Data processing expense	92K
Other	607K
Total non-interest expense	4.28M
Income before provision for taxes	1.61M
Provision for income taxes	576K
Net income	1.04M
Dividends on preferred stock
Income (loss) allocated to common stockholders
Basic (in dollars per share)	0.07
Diluted (in dollars per share)	0.07
Basic (in shares)
Diluted (in shares)

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