Cavalry Banking
Murfreesboro, TN — Domestic Branch of a Domestic Bank
Acquired Mar 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Cavalry Banking | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 30,947 | 8,783 |
Income from Lease Financing Receivables | — | 1,462 |
— | 67 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 32 |
Income on Loans and Leases (TE) | 30,947 | 8,797 |
Investment Interest Income (TE) | 1,327 | 1,547 |
Total Interest Income (TE) | 34,127 | 10,573 |
Total Interest Expense | 9,243 | 3,456 |
Net Interest Income (TE) | 24,884 | 7,090 |
Non-Interest Income | 12,015 | 1,691 |
Adjusted Operating Income (TE) | 36,899 | 8,835 |
Non-interest Expense | 24,874 | 5,574 |
Provision for Loan & Lease Losses | 728 | 973 |
Pretax Operating Income (TE) | 11,297 | 8,273 |
Pretax Net Operating Income (TE) | 11,297 | 8,331 |
Applicable Income Taxes | 4,226 | 2,524 |
Net Operating Income | 7,024 | 5,736 |
Net Income | 7,024 | 5,731 |
Cash Dividends Declared | — | 3,328 |
Retained Earnings | 7,024 | 3,258 |