Estimated Tax Benefit from Tax-Exempt Loan Income Over Time
Estimated Tax Benefit from Tax-Exempt Loan Income Merchants Bank All Insured Commercial Banks in Vermont
12-31-2016 1,297,000 302,143
09-30-2016 961,000 226,143
06-30-2016 625,000 148,571
03-31-2016 314,000 72,714
12-31-2015 1,186,000 301,143
09-30-2015 961,000 235,857
06-30-2015 621,000 155,000
03-31-2015 310,000 77,143
12-31-2014 1,144,000 290,714
09-30-2014 1,003,000 240,429
06-30-2014 688,000 142,250
03-31-2014 349,000 69,500
12-31-2013 1,135,000 228,500
09-30-2013 850,000 151,556
06-30-2013 521,000 95,889
03-31-2013 255,000 50,333
12-31-2012 1,105,000 214,444
09-30-2012 853,000 161,444
06-30-2012 599,000 108,111
03-31-2012 308,000 54,667
12-31-2011 1,101,000 199,222
09-30-2011 791,000 144,000
06-30-2011 476,000 89,111
03-31-2011 215,000 38,556
12-31-2010 618,000 142,778
09-30-2010 418,000 101,000
06-30-2010 225,000 60,222
03-31-2010 115,000 37,429
12-31-2009 265,000 141,286
09-30-2009 141,000 98,000
06-30-2009 48,000 58,857
03-31-2009 20,000 26,857
12-31-2008 82,000 94,571
09-30-2008 45,000 65,286
06-30-2008 38,000 41,714
03-31-2008 19,000 20,143
12-31-2007 69,000 373,625
09-30-2007 31,000 250,333
06-30-2007 26,000 155,600
03-31-2007 9,000 85,444
12-31-2006 32,000 286,700
09-30-2006 22,000 206,300
06-30-2006 11,000 132,600
03-31-2006 5,000 65,100
12-31-2005 29,000 170,636
09-30-2005 22,000 106,364
06-30-2005 11,000 53,091
03-31-2005 5,000 27,500
12-31-2004 23,000 96,455
09-30-2004 16,000 67,727
06-30-2004 7,000 41,273
03-31-2004 3,000 20,364
12-31-2003 19,000 89,545
09-30-2003 15,000 65,545
06-30-2003 9,000 42,182
03-31-2003 5,000 24,000
12-31-2002 38,000 109,000