Middlefield Banc Corp. (MBCN) Income Statement

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INTEREST INCOME
Interest and fees on loans	6.46M
Interest-bearing deposits in other institutions	15K
Federal funds sold	7K
Investment securities:
Taxable interest	235K
Tax-exempt interest	687K
Dividends on stock	17K
Total interest income	7.42M
INTEREST EXPENSE
Deposits	921K
Short term borrowings	49K
Other borrowings	14K
Trust preferred securities	42K
Total interest expense	1.03M
NET INTEREST INCOME	6.39M
Provision for loan losses	105K
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	6.29M
NONINTEREST INCOME
Service charges on deposit accounts	505K
Investment securities (gains) losses, net	0
Earnings on bank-owned life insurance	101K
Other income	242K
Total noninterest income	977K
NONINTEREST EXPENSE
Salaries and employee benefits	2.68M
Occupancy expense	306K
Equipment expense	221K
Data processing costs	334K
Ohio state franchise tax	186K
Federal deposit insurance expense	132K
Professional fees	547K
Losses on other real estate owned	-49K
Other expense	677K
Total noninterest expense	5.66M
Income before income taxes	1.6M
Income taxes (benefit)	261K
NET INCOME	1.34M
EARNINGS PER SHARE
Basic	0.6
Diluted	0.6
DIVIDENDS DECLARED PER SHARE	0.27

Entities mentioned with MBCN