Monarch Financial Holdings, Inc.

Delisted

CIK 1364856fmd_06RQHY2SWWQXKVETA5PNJY6MJAFinance, Insurance and Real Estate · State Commercial BanksTemplate: Financials

Coverage: Jan 01, 2010 to Mar 31, 2016, 24 periods

Income Statement · Annual · Millions · USD
Line item	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015
Total interest income	39	40	46	44	43	47
Total revenues	84	95	136	114	110	133
Net interest income	30	34	41	40	39	44
Provision for credit losses	9	6	5	0	0	0
Net interest income after provision	22	27	36	40	39	44
Non-interest income	53	55	90	70	67	85
Compensation and benefits	19	23	30	34	34	39
Total operating expenses	–	84	115	96	92	112
Non-interest expense	65	71	104	91	88	108
Interest expense	9	7	6	5	4	3
Income before taxes	10	11	21	19	18	21
Income tax expense	4	3	7	6	6	8
Net income from continuing operations	6	8	14	12	11	13
Net income	6	7	13	11	11	13
Net income to common shareholders	4	6	11	11	11	13