Tower Bancorp, Inc. (TOBC) Income Statement

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Loans, including fees	29.07M
Securities	1.11M
Federal funds sold and other	42K
Total interest income	30.22M
Deposits	4.96M
Short-term borrowings	69K
Long-term debt	1.29M
Total interest expense	6.32M
Net interest income	23.9M
Provision for loan losses	1.3M
Net interest income after provision for loan losses	22.6M
Service charges on deposit accounts	1.13M
Fiduciary fees and brokerage commissions	905K
Other service charges, commissions and fees	1M
Gain on sale of mortgage loans originated for sale	1.08M
Impairment losses on securities available for sale	0
Increase in cash surrender value of bank owned life insurance	390K
Other income	1.18M
Total noninterest income	5.68M
Salaries and employee benefits	9.77M
Occupancy and equipment	4.03M
Amortization of intangible assets	343K
FDIC insurance premiums	526K
Advertising and promotion	508K
Data processing	1.16M
Communication	298K
Professional service fees	700K
Impairment of long-lived assets	0
Other operating expenses	2.07M
Restructuring charges	61K
Merger related expenses	-92K
Total noninterest expense	19.38M
Income before income taxes	8.91M
Income tax expense	2.69M
Net income including noncontrolling interest	6.22M
Less: (loss) income from noncontrolling interest	2K
Net income for Tower Bancorp, Inc.	6.22M
Basic	0.52
Diluted	0.52
Dividends declared	0.14
Basic	12.01M
Diluted	12.02M

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