Period Ending: 2020 31/12 2020 30/06 2019 31/12 2019 30/06 Net Interest Income 9371 9317 9350 8986 Interest Income, Bank 12786 14277 15946 17073 Total Interest Expense 3415 4960 6596 8087 Loan Loss Provision 882 1869 649 624 Net Interest Income After Loan Loss Provision 8489 7448 8701 8362 Non-Interest Income, Bank 2565 2182 2764 3079 Non-Interest Expense, Bank -5667 -5538 -5251 -6090 Net Income Before Taxes 5387 4092 6214 5351 Provision for Income Taxes 1610 1206 1762 1560 Net Income After Taxes 3777 2886 4452 3791 Minority Interest - - - -6 Equity In Affiliates - - - - U.S GAAP Adjustment - - - - Net Income Before Extraordinary Items 3777 2886 4452 3785 Total Extraordinary Items 1100 587 1709 187 Net Income 4877 3473 6161 3972 Total Adjustments to Net Income - - - - Income Available to Common Excluding Extraordinary Items 3777 2886 4452 3785 Dilution Adjustment 128 146 144 156 Diluted Net Income 5005 3619 6305 4128 Diluted Weighted Average Shares 1930 1902 1888 1900 Diluted EPS Excluding Extraordinary Items 2.02 1.59 2.43 2.07 DPS - Common Stock Primary Issue 1.5 0.98 2 2.31 Diluted Normalized EPS 2.09 1.6 2.43 2.11 identify income tax expense(income) and on what this amount has been calculated

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Period Ending: 2020
31/12
2020
30/06
2019
31/12
2019
30/06
Net Interest Income 9371 9317 9350 8986
Interest Income, Bank 12786 14277 15946 17073
Total Interest Expense 3415 4960 6596 8087
Loan Loss Provision 882 1869 649 624
Net Interest Income After Loan Loss Provision 8489 7448 8701 8362
Non-Interest Income, Bank 2565 2182 2764 3079
Non-Interest Expense, Bank -5667 -5538 -5251 -6090
Net Income Before Taxes 5387 4092 6214 5351
Provision for Income Taxes 1610 1206 1762 1560
Net Income After Taxes 3777 2886 4452 3791
Minority Interest - - - -6
Equity In Affiliates - - - -
U.S GAAP Adjustment - - - -
Net Income Before Extraordinary Items 3777 2886 4452 3785
Total Extraordinary Items 1100 587 1709 187
Net Income 4877 3473 6161 3972
Total Adjustments to Net Income - - - -
Income Available to Common Excluding Extraordinary Items 3777 2886 4452 3785
Dilution Adjustment 128 146 144 156
Diluted Net Income 5005 3619 6305 4128
Diluted Weighted Average Shares 1930 1902 1888 1900
Diluted EPS Excluding Extraordinary Items 2.02 1.59 2.43 2.07
DPS - Common Stock Primary Issue 1.5 0.98 2 2.31
Diluted Normalized EPS 2.09 1.6 2.43

2.11

identify income tax expense(income) and on what this amount has been calculated

Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Tax loss carryovers
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education