Bank Of North Georgia
Alpharetta, GA — Domestic Branch of a Domestic Bank
Acquired Jun 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of North Georgia | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 41,703 | 2,352 |
Income from Lease Financing Receivables | 37 | — |
42 | 544 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 41,740 | 2,355 |
Investment Interest Income (TE) | 6,125 | 315 |
Total Interest Income (TE) | 48,575 | 2,603 |
Total Interest Expense | 15,879 | 983 |
Net Interest Income (TE) | 32,696 | 1,616 |
Non-Interest Income | -16,507 | 311 |
Adjusted Operating Income (TE) | 16,189 | 1,987 |
Non-interest Expense | 30,454 | 1,634 |
Provision for Loan & Lease Losses | 62,177 | 5,452 |
Pretax Operating Income (TE) | -76,442 | -222 |
Pretax Net Operating Income (TE) | -76,890 | -188 |
Applicable Income Taxes | 5,353 | 372 |
Net Operating Income | -82,243 | -196 |
Net Income | -82,243 | -176 |
Cash Dividends Declared | — | 382 |
Retained Earnings | -82,243 | -218 |