Mercantile Peninsula Bank
Selbyville, DE — Domestic Branch of a Domestic Bank
Acquired Sep 2007
Estimated Tax Benefit from Tax-Exempt Loan Income Over Time
| Estimated Tax Benefit from Tax-Exempt Loan Income | Mercantile Peninsula Bank | All Insured Commercial Banks in Delaware |
| 06-30-2007 | 122,000 | 148,857 |
| 03-31-2007 | 66,000 | 83,000 |
| 12-31-2006 | 267,000 | 214,000 |
| 09-30-2006 | 217,000 | 181,875 |
| 06-30-2006 | 131,000 | 123,500 |
| 03-31-2006 | 67,000 | 51,000 |
| 12-31-2005 | 261,000 | 183,111 |
| 09-30-2005 | 224,000 | 138,000 |
| 06-30-2005 | 136,000 | 79,778 |
| 03-31-2005 | 70,000 | 35,500 |
| 12-31-2004 | 318,000 | 95,100 |
| 09-30-2004 | 270,000 | 74,000 |
| 06-30-2004 | 2,000 | 21,667 |
| 03-31-2004 | 2,000 | 12,375 |
| 12-31-2003 | 5,000 | 106,000 |
| 09-30-2003 | 6,000 | 95,444 |
| 06-30-2003 | 4,000 | 87,000 |
| 03-31-2003 | 3,000 | 47,625 |
| 12-31-2002 | 11,000 | 204,250 |