Alabama Exchange Bank
Tuskegee, AL — Domestic Branch of a Domestic Bank
Acquired Jun 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Alabama Exchange Bank | All Insured Commercial Banks in Alabama |
Interest and Fees on Loans | 282 | 2,782 |
Income from Lease Financing Receivables | — | 7,959 |
8 | 180 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 4 | 95 |
Income on Loans and Leases (TE) | 286 | 2,796 |
Investment Interest Income (TE) | 117 | 629 |
Total Interest Income (TE) | 438 | 3,264 |
Total Interest Expense | 79 | 1,519 |
Net Interest Income (TE) | 359 | 1,815 |
Non-Interest Income | 88 | 498 |
Adjusted Operating Income (TE) | 447 | 2,201 |
Non-interest Expense | 245 | 1,404 |
Provision for Loan & Lease Losses | — | 3,009 |
Pretax Operating Income (TE) | 202 | 6,588 |
Pretax Net Operating Income (TE) | 202 | 7,535 |
Applicable Income Taxes | 61 | 2,522 |
Net Operating Income | 136 | 4,967 |
Net Income | 136 | 4,967 |
Cash Dividends Declared | — | 2,798 |
Retained Earnings | 136 | 4,048 |