Americanfirst Bank
Clermont, FL — Non-member Bank
Acquired Apr 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Americanfirst Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 725 | 2,804 |
Income from Lease Financing Receivables | — | — |
— | 51 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
Income on Loans and Leases (TE) | 725 | 2,805 |
Investment Interest Income (TE) | 24 | 438 |
Total Interest Income (TE) | 758 | 3,319 |
Total Interest Expense | 522 | 1,042 |
Net Interest Income (TE) | 236 | 2,232 |
Non-Interest Income | 16 | 330 |
Adjusted Operating Income (TE) | 252 | 2,679 |
Non-interest Expense | 936 | 2,378 |
Provision for Loan & Lease Losses | — | 2,065 |
Pretax Operating Income (TE) | -684 | -810 |
Pretax Net Operating Income (TE) | -684 | -702 |
Applicable Income Taxes | — | 148 |
Net Operating Income | -684 | -610 |
Net Income | -684 | -610 |
Cash Dividends Declared | — | 424 |
Retained Earnings | -684 | -631 |