Bank Of The Carolinas
Mocksville, NC — Domestic Branch of a Domestic Bank
Acquired Aug 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of The Carolinas | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 6,277 | 25,869 |
Income from Lease Financing Receivables | — | 360 |
19 | 126 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 10 | 63 |
Income on Loans and Leases (TE) | 6,287 | 26,293 |
Investment Interest Income (TE) | 222 | 3,359 |
Total Interest Income (TE) | 6,572 | 29,920 |
Total Interest Expense | 636 | 2,027 |
Net Interest Income (TE) | 5,936 | 27,893 |
Non-Interest Income | 615 | 10,262 |
Adjusted Operating Income (TE) | 6,551 | 38,117 |
Non-interest Expense | 6,098 | 27,562 |
Provision for Loan & Lease Losses | -831 | 668 |
Pretax Operating Income (TE) | 1,284 | 10,014 |
Pretax Net Operating Income (TE) | 1,502 | 10,258 |
Applicable Income Taxes | — | 3,380 |
Net Operating Income | 1,492 | 6,896 |
Net Income | 1,492 | 6,896 |
Cash Dividends Declared | — | 3,999 |
Retained Earnings | 1,492 | 3,582 |