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MINISTRY PARTNERS INVESTMENT COMPANY, LLC

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K/A
        Interest income on loans  5.77.08.29.89.19.48.88.0
    Total interest income  5.87.08.310.29.29.58.88.1
        Interest on borrowings       2.52.0 
    Total interest expense  6.77.54.510.19.79.28.46.4
Net interest income  2.53.312.85.14.44.94.63.9
Provision for loan losses  -0.30.1 -0.50.70.30.1-0.5
Net interest income after provision for loan losses  2.83.212.85.63.74.64.54.5
Total non-interest income  3.63.63.41.61.41.21.10.8
Non-interest expenses  5.74.95.05.24.74.84.64.9
Pre-tax income  0.61.92.12.00.51.00.90.4
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  3.1%1.1%0.9%0.9%4.0%2.5%2.3%5.6%
Net income  0.61.92.12.00.50.90.90.4
            Net margin  9.9%27.2%61.4%27.8%9.3%16.1%16.5%6.7%
   
   
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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