Afb&T
Athens, GA — Domestic Branch of a Domestic Bank
Acquired Jun 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Afb&T | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 16,030 | 2,352 |
Income from Lease Financing Receivables | 17 | — |
67 | 544 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 16,047 | 2,355 |
Investment Interest Income (TE) | 1,584 | 315 |
Total Interest Income (TE) | 17,741 | 2,603 |
Total Interest Expense | 4,788 | 983 |
Net Interest Income (TE) | 12,953 | 1,616 |
Non-Interest Income | 393 | 311 |
Adjusted Operating Income (TE) | 13,346 | 1,987 |
Non-interest Expense | 9,232 | 1,634 |
Provision for Loan & Lease Losses | 9,309 | 5,452 |
Pretax Operating Income (TE) | -5,195 | -222 |
Pretax Net Operating Income (TE) | -5,195 | -188 |
Applicable Income Taxes | 11,677 | 372 |
Net Operating Income | -16,872 | -196 |
Net Income | -16,872 | -176 |
Cash Dividends Declared | — | 382 |
Retained Earnings | -16,872 | -218 |