Citizens First Bank
Rome, GA — Domestic Branch of a Domestic Bank
Acquired Jun 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citizens First Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 3,771 | 2,352 |
Income from Lease Financing Receivables | — | — |
61 | 544 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 3,771 | 2,355 |
Investment Interest Income (TE) | 181 | 315 |
Total Interest Income (TE) | 4,055 | 2,603 |
Total Interest Expense | 1,110 | 983 |
Net Interest Income (TE) | 2,945 | 1,616 |
Non-Interest Income | 536 | 311 |
Adjusted Operating Income (TE) | 3,481 | 1,987 |
Non-interest Expense | 1,786 | 1,634 |
Provision for Loan & Lease Losses | 2,147 | 5,452 |
Pretax Operating Income (TE) | -452 | -222 |
Pretax Net Operating Income (TE) | -452 | -188 |
Applicable Income Taxes | -214 | 372 |
Net Operating Income | -238 | -196 |
Net Income | -238 | -176 |
Cash Dividends Declared | — | 382 |
Retained Earnings | -238 | -218 |