Bank Of Ringgold
Ringgold, LA — Domestic Branch of a Domestic Bank
Acquired Jan 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Ringgold | All Insured Commercial Banks in Louisiana |
Interest and Fees on Loans | 947 | 11,375 |
Income from Lease Financing Receivables | — | 0 |
— | 8 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 4 |
Income on Loans and Leases (TE) | 947 | 11,413 |
Investment Interest Income (TE) | 350 | 1,800 |
Total Interest Income (TE) | 1,351 | 13,421 |
Total Interest Expense | 100 | 1,160 |
Net Interest Income (TE) | 1,251 | 12,215 |
Non-Interest Income | 285 | 2,304 |
Adjusted Operating Income (TE) | 1,536 | 14,716 |
Non-interest Expense | 2,025 | 9,786 |
Provision for Loan & Lease Losses | — | 480 |
Pretax Operating Income (TE) | -489 | 4,129 |
Pretax Net Operating Income (TE) | -434 | 4,186 |
Applicable Income Taxes | -167 | 537 |
Net Operating Income | -267 | 3,302 |
Net Income | -267 | 3,302 |
Cash Dividends Declared | 23 | 1,536 |
Retained Earnings | -290 | 1,529 |