BAS Case Study - March 2023

SUNNY STATE BANK

INCOME AND EXPENSE REPORT CONDENSED

PAGE 4

CURRENT MONTH ---------------------------------- ---

YEAR TO DATE ------------------------------------

LAST YEAR --------------------------

ACCOUNT NUMBER

DESCRIPTION TOTAL NON-INTEREST EXPENSES

CURRENT

BUDGET

$ VAR

CURRENT

BUDGET

$ VAR

ACTUAL

$ VAR

299,480.01

252,660 46,820

3,105,841.01

3,001,798

104,043

3,323,740.21

217,899

NET INCOME BEFORE TAXES

22,033.31- 7,477.00- 7,477.00-

54,627 76,660- 3,700 11,177- 3,700 11,177-

7,828.04- 38,877.00- 38,877.00-

380,333 44,367

388,161- 83,244- 83,244-

78,902.12- 163,523.00 163,523.00

71,074 202,400 202,400

90598000 FEDERAL INCOME TAX EXPENSE

TOTAL FEDERAL INCOME TAX EXPEN

44,367

TOTAL EXPENSE

325,154.40

288,281 36,873

3,458,673.79

3,411,212

47,462

3,810,704.59

352,031

***TOTAL INCOME LESS EXPENS E

14,556.31-

50,927 65,483-

31,048.96

335,966

304,917-

242,425.12-

273,474

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