Bay Bank & Trust Co.
Panama City, FL — Domestic Branch of a Domestic Bank
Acquired Mar 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bay Bank & Trust Co. | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 6,780 | 11,105 |
Income from Lease Financing Receivables | — | 0 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 6,780 | 11,110 |
Investment Interest Income (TE) | 1,067 | 1,704 |
Total Interest Income (TE) | 8,147 | 13,075 |
Total Interest Expense | 773 | 2,691 |
Net Interest Income (TE) | 7,374 | 10,256 |
Non-Interest Income | 1,777 | 1,327 |
Adjusted Operating Income (TE) | 9,151 | 11,723 |
Non-interest Expense | 9,000 | 10,146 |
Provision for Loan & Lease Losses | 3,650 | 2,854 |
Pretax Operating Income (TE) | -3,499 | -923 |
Pretax Net Operating Income (TE) | -3,710 | -648 |
Applicable Income Taxes | — | 127 |
Net Operating Income | -3,710 | -766 |
Net Income | -3,710 | -766 |
Cash Dividends Declared | — | 8 |
Retained Earnings | -3,710 | -870 |