Central Progressive Bank
Lacombe, LA — Non-member Bank
Acquired Nov 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Central Progressive Bank | All Insured Commercial Banks in Louisiana |
Interest and Fees on Loans | 11,152 | 6,882 |
Income from Lease Financing Receivables | — | 0 |
32 | 7 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 11,152 | 6,893 |
Investment Interest Income (TE) | 96 | 1,320 |
Total Interest Income (TE) | 11,331 | 8,461 |
Total Interest Expense | 3,757 | 1,497 |
Net Interest Income (TE) | 7,574 | 6,954 |
Non-Interest Income | 4,291 | 1,400 |
Adjusted Operating Income (TE) | 11,865 | 8,465 |
Non-interest Expense | 24,139 | 5,765 |
Provision for Loan & Lease Losses | 7,093 | 512 |
Pretax Operating Income (TE) | -19,367 | 2,290 |
Pretax Net Operating Income (TE) | -19,367 | 2,356 |
Applicable Income Taxes | 6 | 291 |
Net Operating Income | -19,373 | 1,826 |
Net Income | -19,373 | 1,810 |
Cash Dividends Declared | — | 575 |
Retained Earnings | -19,373 | 1,040 |