Estimated Tax Benefit from Tax-Exempt Loan Income Over Time
Estimated Tax Benefit from Tax-Exempt Loan Income Chemical Bank Shoreline All Insured Commercial Banks in Michigan
12-31-2005 322,000 124,258
09-30-2005 234,000 91,495
06-30-2005 154,000 62,242
03-31-2005 78,000 30,890
12-31-2004 320,000 118,424
09-30-2004 239,000 91,552
06-30-2004 160,000 62,326
03-31-2004 83,000 33,607
12-31-2003 211,000 157,568
09-30-2003 156,000 88,293
06-30-2003 101,000 59,707
03-31-2003 49,000 29,148
12-31-2002 177,000 116,711