Centerstate Bank, National Association
Zephyrhills, FL — Domestic Branch of a Domestic Bank
Acquired Dec 2010
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Centerstate Bank, National Association | All Insured Commercial Banks in Florida |
| Interest and Fees on Loans | 9,584 | 7,885 |
| Income from Lease Financing Receivables | — | 0 |
| 15 | 3 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
| Income on Loans and Leases (TE) | 9,584 | 7,887 |
| Investment Interest Income (TE) | 2,004 | 1,249 |
| Total Interest Income (TE) | 11,682 | 9,364 |
| Total Interest Expense | 3,721 | 2,721 |
| Net Interest Income (TE) | 7,961 | 6,566 |
| Non-Interest Income | 1,543 | 879 |
| Adjusted Operating Income (TE) | 9,504 | 7,723 |
| Non-interest Expense | 9,342 | 6,804 |
| Provision for Loan & Lease Losses | 3,520 | 3,529 |
| Pretax Operating Income (TE) | -3,358 | -2,356 |
| Pretax Net Operating Income (TE) | -2,414 | -1,941 |
| Applicable Income Taxes | -978 | -215 |
| Net Operating Income | -1,436 | -1,606 |
| Net Income | -1,436 | -1,607 |
| Cash Dividends Declared | — | 15 |
| Retained Earnings | -1,436 | -1,667 |