Mutual Federal Bancorp, Inc. (MFDB)

Mutual Federal Bancorp Income Statement

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

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Sep 30, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Interest Income on Loans	3.01	3.28	3.47	2.96	2.1	1.96
Interest Income on Investments	0.52	0.71	0.89	1.02	1.14	1.23
Total Interest Income	3.52	3.99	4.36	3.99	3.24	3.19
Interest Paid on Deposits	0.78	0.97	1.15	1.06	0.79	0.73
Interest Paid on Borrowings	0.21	0.23	0.14	0.05	-	-
Total Interest Expense	0.99	1.2	1.3	1.11	0.79	0.73
Net Interest Income	2.53	2.79	3.06	2.87	2.45	2.47
Net Interest Income Growth (YoY)	-10.75%	-8.78%	6.58%	17.16%	-0.49%	-3.82%
Income From Trading Activities	-0.1	-0.37	-	-	-	-
Gain (Loss) on Sale of Investments	-0.01	-0.24	-0.15	-	0.48	1.58
Other Non-Interest Income	0.04	0.05	0.05	0.06	0.04	0.03
Total Non-Interest Income	-0.07	-0.56	-0.11	0.06	0.51	1.61
Non-Interest Income Growth (YoY)	-	-	-	-89.11%	-68.05%	422.40%
Revenues Before Loan Losses	2.46	2.23	2.96	2.93	2.97	4.07
Provision for Loan Losses	1.79	1.17	0.05	0.07	0.02	-
Revenue	0.67	1.07	2.91	2.86	2.95	4.07
Revenue Growth (YoY)	-58.78%	-63.33%	1.64%	-2.95%	-27.66%	41.90%
Salaries and Employee Benefits	1.16	1.14	1.05	1.05	1.05	0.94
Occupancy Expenses	-	-	-	-	0.19	0.21
Selling, General & Administrative	1.19	1.02	1.03	0.67	0.24	0.22
Other Non-Interest Expense	0.34	0.33	0.32	0.31	0.28	0.26
Total Non-Interest Expense	2.99	2.49	2.39	2.03	1.76	1.63
EBT Excluding Unusual Items	-2.32	-1.43	0.51	0.83	1.19	2.45
Pretax Income	-2.34	-1.43	0.51	0.83	1.19	2.45
Income Tax Expense	-0.7	-0.52	0.22	0.3	0.44	0.92
Net Income	-1.65	-0.91	0.3	0.53	0.74	1.53
Preferred Dividends & Other Adjustments	-	-	-	0.11	-	-
Net Income to Common	-1.65	-0.91	0.3	0.42	0.74	1.53
Net Income Growth	-	-	-44.34%	-28.67%	-51.31%	92.43%
Basic Shares Outstanding	3	3	4	4	-	-
Diluted Shares Outstanding	3	3	4	4	-	-
Shares Change (YoY)	-4.22%	-3.34%	-0.45%	-	-	-
EPS (Basic)	-0.50	-0.27	0.08	0.12	-	-
EPS (Diluted)	-0.50	-0.27	0.08	0.12	-	-
EPS Growth	-	-	-32.82%	-	-	-
Dividend Per Share	0.360	0.180	-	-	-	-
Effective Tax Rate	-	-	42.61%	36.45%	37.30%	37.64%

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