Estimated Tax Benefit from Tax-Exempt Loan Income Over Time
Estimated Tax Benefit from Tax-Exempt Loan Income Peninsula Bank All Insured Commercial Banks in Maryland
06-30-2004 51,000 59,333
03-31-2004 27,000 31,000
12-31-2003 101,000 110,743
09-30-2003 82,000 73,179
06-30-2003 58,000 54,667
03-31-2003 26,000 36,730
12-31-2002 81,000 148,171