b'COMPARATIVE INCOME STATEMENT20222022-202 ANNUAL REPORT2022 2021 2022 2021INTEREST INCOME: Non-Interest Expense Interest on Loans4,788,524 4,920,517 Employee Compensation2,882,330 2,407,396Income from Investments485,070 796,003 Employee Benefits715,452 530,682Interest Income5,273,594 5,716,520 Training, Development and 232,069 99,098 Conferences Association Dues82,292 64,668 INTEREST EXPENSE:Marketing and Development308,119 284,560Dividends531,978 589,151 Office Occupancy Expenses423,822 411,558Interest on Borrowed Money52,265 - Office Operation Expenses514,526 451,086Interest Expense584,243 589,151 Professional Outside/Other1,784,483 1,558,513Miscellaneous130,682 88,866 NET INTEREST INCOME4,689,351 5,127,369 Non-Interest Expense7,073,775 5,896,427 PROVISION FOR LOAN LOSSES198,003 197,975Net Income$1,728,071 $1,486,539 NET INTEREST INCOME AFTER 4,491,348 4,929,394 PROVISION FOR LOAN LOSSESNON-INTEREST INCOME4,310,498 2,453,572 NET REVENUE8,801,846 7,382,966'