Estimated Tax Benefit from Tax-Exempt Loan Income Over Time
Estimated Tax Benefit from Tax-Exempt Loan Income Portage Commerce Bank All Insured Commercial Banks in Michigan
12-31-2008 37,000 49,041
09-30-2008 28,000 34,186
06-30-2008 20,000 28,919
03-31-2008 10,000 23,221
12-31-2007 36,000 166,260
09-30-2007 26,000 137,886
06-30-2007 18,000 86,228
03-31-2007 6,000 44,039
12-31-2006 16,000 145,864
09-30-2006 11,000 102,914
06-30-2006 10,000 70,844
03-31-2006 4,000 36,534
12-31-2005 14,000 124,258
09-30-2005 10,000 91,495
06-30-2005 12,000 62,242
03-31-2005 7,000 30,890
12-31-2004 16,000 118,424
09-30-2004 14,000 91,552
06-30-2004 13,000 62,326
03-31-2004 6,000 33,607
12-31-2003 10,000 157,568
09-30-2003 9,000 88,293
06-30-2003 1,000 59,707
03-31-2003 29,148
12-31-2002 1,000 116,711