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12/31/2017 call report

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norweger1979   Tuesday, 01/30/18 11:52:13 AM
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12/31/2017 call report

net income $596,000

vs.

12/31/2016 call report

net income $705,000


This includes one time income tax adjustment for net deferred tax assets re-evaluation due to the new corporate tax rate of 21% vs. the old 35%.

Net INCOME BEFORE TAXES (compare apples to apples) $1,187,000 in 2017 vs. $810,000 in 2016.

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