Bay Bank
Mobile, AL — Domestic Branch of a Domestic Bank
Acquired Jul 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bay Bank | All Insured Commercial Banks in Alabama |
Interest and Fees on Loans | 1,199 | 3,618 |
Income from Lease Financing Receivables | — | 0 |
— | 24 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 1,199 | 3,640 |
Investment Interest Income (TE) | 284 | 932 |
Total Interest Income (TE) | 1,499 | 4,661 |
Total Interest Expense | 215 | 595 |
Net Interest Income (TE) | 1,284 | 4,046 |
Non-Interest Income | 209 | 725 |
Adjusted Operating Income (TE) | 1,493 | 4,768 |
Non-interest Expense | 1,706 | 3,206 |
Provision for Loan & Lease Losses | — | 165 |
Pretax Operating Income (TE) | -213 | 1,388 |
Pretax Net Operating Income (TE) | -213 | 1,429 |
Applicable Income Taxes | — | 255 |
Net Operating Income | -213 | 1,025 |
Net Income | -213 | 1,025 |
Cash Dividends Declared | — | 315 |
Retained Earnings | -213 | 633 |