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Bogota Financial Corp.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
In millions, except per share itemsDec-31-18Dec-31-17
    Interest income:  
        Interest income on loans  19.218.3
        Interest income on investments  2.01.7
    Total interest expense  8.86.5
Net interest income  13.213.9
Provision for loan losses   0.1
Net interest income after provision for loan losses  13.213.8
        Deposit and loan fees  0.10.1
        Other non-interest income  0.50.5
Total non-interest income  0.60.6
Non-interest expenses  8.37.9
Pre-tax income  5.56.5
Income taxes  1.42.6
            Tax rate  25.2%40.3%
Net income  4.13.9
            Net margin  29.9%27.0%
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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