Town Center Bank
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Town Center Bank's past years’ income statements indicate that its last revenue has increased compared to the previous period by 31% to $7,382,000. The net income raised on $1,051,000 and profit margin reached 14%. Total operating expenses were $6,029,000.

Profit Margin

Town Center Bank (OTC:TCNB): Profit margin
2014 3.73M 376K 10.07%
2015 3.53M 76K 2.15%
2016 3.54M 697K 19.67%
2017 3.84M 151K 3.92%
2018 4.10M 1.72M 42.08%
2019 4.11M 2.24M 54.5%
2020 5.13M 728K 14.17%
2021 6.58M 1.60M 24.43%
2022 5.63M 263K 4.67%
2023 7.38M 1.05M 14.24%

TCNB Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
7.38M5.63M6.58M5.13M4.11M4.10M3.84M3.54M3.53M3.73M
Cost of revenue
0000000000
Gross profit
7.38M5.63M6.58M5.13M4.11M4.10M3.84M3.54M3.53M3.73M
Operating exp.
Research and development
0000000000
Selling and marketing
61K25K46K92K60K56K50K58K45K44K
Total operating expenses
6.02M-4.95M-4.33M-4.08M-3.75M-2.88M-3.20M-2.30M-2.84M-2.76M
Operating income
0676K2.24M1.05M359K1.21M646K1.23M682K971K
Other income (expenses), net
1.50M-298K2.24M-685K359K-763K-637K-538K-628K-860K
Income before tax
1.50M378K2.24M1.05M359K454K151K697K76K376K
Income tax expense
456K115K639K328K-1.88M-1.27M495K538K606K595K
Net income
1.05M263K1.60M728K2.24M1.72M151K697K76K376K
Earnings per share
Basic EPS
0.450.110.690.310.960.740.060.30.030.16
Diluted EPS
0.450.110.690.310.960.740.060.30.030.16