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Income Statement
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Bogota Financial Corp. (BSBK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17
   10-K10-KS-1/A
    Interest income:  
        Interest income on loans  20.219.218.3
        Interest income on investments  1.92.01.7
       23.122.020.4
        Interest on deposits  9.97.5 
    Total interest expense  12.08.86.5
Net interest income  11.213.213.9
Provision for loan losses    0.1
Net interest income after provision for loan losses  11.213.213.8
        Deposit and loan fees    0.1
        Other non-interest income  0.50.60.5
Total non-interest income  0.50.60.6
Non-interest expenses  8.48.37.9
Pre-tax income  3.35.56.5
Income taxes  0.91.42.6
            Tax rate  25.9%25.2%40.3%
Net income  2.44.13.9
            Net margin  20.7%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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