Middlebury National Corporation (MDVT)

Middlebury National Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Interest Income on Loans	14.67	13.59	13.82	14.08	12.64
Total Interest Income	14.67	13.59	13.82	14.08	12.64
Interest Paid on Deposits	0.32	0.22	0.67	1.02	0.58
Total Interest Expense	0.32	0.22	0.67	1.02	0.58
Net Interest Income	14.35	13.37	13.14	13.06	12.06
Net Interest Income Growth (YoY)	7.32%	1.77%	0.62%	8.28%	7.35%
Other Non-Interest Income	3.28	4.08	4.32	3.08	2.86
Total Non-Interest Income	3.28	4.08	4.32	3.08	2.86
Non-Interest Income Growth (YoY)	-19.54%	-5.60%	40.18%	7.61%	-0.07%
Revenues Before Loan Losses	17.63	17.45	17.46	16.14	14.93
Provision for Loan Losses	-0.35	0.04	0.4	0.56	0.12
Revenue	17.98	17.42	17.07	15.58	14.8
Revenue Growth (YoY)	3.26%	2.05%	9.54%	5.24%	5.27%
Other Non-Interest Expense	14.58	13.44	12.44	11.36	11
Total Non-Interest Expense	14.58	13.44	12.44	11.36	11
EBT Excluding Unusual Items	3.41	3.97	4.62	4.22	3.81
Pretax Income	3.41	3.97	4.62	4.22	3.81
Income Tax Expense	0.26	0.47	0.62	0.66	0.57
Net Income	3.15	3.51	4	3.57	3.24
Net Income to Common	3.15	3.51	4	3.57	3.24
Net Income Growth	-10.33%	-12.31%	12.21%	10.24%	41.56%
Basic Shares Outstanding	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1
Shares Change (YoY)	-0.04%	-0.28%	-0.12%	-1.77%	-0.76%
EPS (Basic)	3.66	4.08	4.64	4.13	3.68
EPS (Diluted)	3.66	4.08	4.64	4.13	3.68
EPS Growth	-10.29%	-12.07%	12.35%	12.23%	42.64%
Dividend Per Share	1.120	1.120	-	-	-
Effective Tax Rate	7.64%	11.70%	13.44%	15.52%	15.04%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.