CONSOLIDATED STATEMENTS OF INCOME - USD ($)	3 Months Ended		6 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
INTEREST INCOME
Loans, including fees	$ 1,870,000	$ 1,455,000	$ 3,591,000	$ 2,770,000
Investment securities:
Mortgage-backed securities	189,000	143,000	379,000	247,000
Municipal tax exempt	393,000	424,000	806,000	805,000
Other debt securities	115,000	123,000	230,000	198,000
Federal Home Loan Bank dividends	21,000	5,000	48,000	9,000
Interest-bearing deposits with banks and time deposits	16,000	3,000	33,000	7,000
Total interest income	2,604,000	2,153,000	5,087,000	4,036,000
INTEREST EXPENSE
Deposits	398,000	107,000	744,000	214,000
Borrowings	289,000	66,000	566,000	109,000
Total interest expense	687,000	173,000	1,310,000	323,000
Net interest income	1,917,000	1,980,000	3,777,000	3,713,000
Provision for credit losses	(16,000)	50,000	36,000	50,000
Net interest income after provision for credit losses	1,933,000	1,930,000	3,741,000	3,663,000
NONINTEREST INCOME
Fees and commission	284,000	304,000	537,000	565,000
Net losses on investments			(27,000)
Increase in cash value of life insurance	14,000	15,000	28,000	29,000
Net gain on disposal of foreclosed real estate	7,000		7,000
Gain on life insurance		36,000		36,000
Other income	12,000	13,000	24,000	24,000
Total noninterest income	308,000	364,000	552,000	649,000
NONINTEREST EXPENSE
Compensation and benefits	933,000	983,000	1,824,000	1,816,000
Occupancy and equipment	153,000	138,000	314,000	276,000
Data processing	221,000	118,000	432,000	236,000
Professional fees	129,000	158,000	298,000	302,000
Loss on disposal of premises and equipment		7,000		7,000
Directors' compensation	90,000	89,000	179,000	170,000
Stockholders' meeting expense	76,000	15,000	94,000	33,000
Supervisory examinations	8,000	17,000	23,000	35,000
Deposit insurance premiums	30,000	17,000	50,000	33,000
Marketing and business development	22,000	57,000	48,000	79,000
Other expenses	170,000	145,000	319,000	274,000
Total noninterest expense	1,832,000	1,744,000	3,581,000	3,261,000
Income before income taxes	409,000	550,000	712,000	1,051,000
Income tax expense (benefit)	9,000	24,000	(28,000)	58,000
Net Income	$ 400,000	$ 526,000	$ 740,000	$ 993,000
Earnings per common share:
Basic (in dollars per share)	$ 0.14	$ 0.19	$ 0.27	$ 0.36
Diluted (in dollars per share)	$ 0.14	$ 0.19	$ 0.27	$ 0.36
Deposit account service charges
NONINTEREST INCOME
Fees and commission	$ 89,000	$ 90,000	$ 180,000	$ 171,000
Brokered loan fees.
NONINTEREST INCOME
Fees and commission	19,000	58,000	34,000	101,000
ATM and debit card fee income
NONINTEREST INCOME
Fees and commission	$ 167,000	$ 152,000	$ 306,000	$ 288,000

Mid-Southern Bancorp, Inc. 10-Q