Estimated Tax Benefit from Tax-Exempt Loan Income Over Time
Estimated Tax Benefit from Tax-Exempt Loan Income Mercantile Southern Maryland Bank All Insured Commercial Banks in Maryland
06-30-2007 99,000 77,741
03-31-2007 45,000 40,560
12-31-2006 174,000 154,630
09-30-2006 114,000 115,654
06-30-2006 75,000 82,000
03-31-2006 27,000 40,792
12-31-2005 46,000 142,967
09-30-2005 29,000 107,517
06-30-2005 18,000 71,241
03-31-2005 8,000 40,296
12-31-2004 37,000 135,133
09-30-2004 28,000 101,433
06-30-2004 14,000 59,333
03-31-2004 8,000 31,000
12-31-2003 31,000 110,743
09-30-2003 21,000 73,179
06-30-2003 15,000 54,667
03-31-2003 5,000 36,730
12-31-2002 32,000 148,171