Citizens South Banking Corp (CSBC) Income Statement

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Interest and fees on loans	10.23M
Taxable interest income	893K
Tax-exempt interest income	72K
Other interest income	48K
Total interest income	11.25M
Deposits	1.7M
Repurchase agreements	13K
Borrowed money	757K
Total interest expense	2.55M
Net interest income	8.69M
Provision for loan losses	1.35M
Net interest income after provision for loan losses	7.34M
Service charges on deposit accounts	1.08M
Mortgage banking income	350K
Commissions on sales of financial products	70K
Income from bank-owned life insurance	189K
Gain from acquisition	-48K
Gain on sale of investments, available for sale	110K
Loss on sale of other assets	41K
Other income	194K
Total noninterest income	1.99M
Compensation and benefits	3.74M
Occupancy and equipment	866K
Loan collection and other expenses	333K
Advertising and business development	114K
Professional services	237K
Data processing and other technology	293K
Deposit insurance	421K
Amortization of intangible assets	137K
Other real estate owned valuation adjustments	1.31M
Other real estate owned expenses	309K
Acquisition and integration expenses	143K
Other expenses	1.03M
Total noninterest expense	8.93M
Income before income tax expense (benefit)	401K
Income tax expense (benefit)	28K
Net income	373K
Dividends on preferred stock	247K
Net income available to common shareholders	126K
Earnings per common share - basic (in Dollars per share)	0.01
Earnings per common share - diluted (in Dollars per share)	0.01

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