Carolina First Bank
Greenville, SC — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Carolina First Bank | All Insured Commercial Banks in South Carolina |
Interest and Fees on Loans | 193,974 | 6,726 |
Income from Lease Financing Receivables | — | 0 |
521 | 12 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 193,974 | 6,730 |
Investment Interest Income (TE) | 35,268 | 1,169 |
Total Interest Income (TE) | 230,059 | 7,930 |
Total Interest Expense | 85,634 | 2,645 |
Net Interest Income (TE) | 144,425 | 5,289 |
Non-Interest Income | 32,751 | 1,250 |
Adjusted Operating Income (TE) | 177,176 | 6,537 |
Non-interest Expense | 371,063 | 5,048 |
Provision for Loan & Lease Losses | 209,968 | 2,421 |
Pretax Operating Income (TE) | -403,855 | -465 |
Pretax Net Operating Income (TE) | -393,333 | -278 |
Applicable Income Taxes | -6,791 | 24 |
Net Operating Income | -386,542 | -288 |
Net Income | -386,542 | -288 |
Cash Dividends Declared | — | 58 |
Retained Earnings | -386,542 | -360 |