Citizens First Bank
The Villages, FL — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citizens First Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 14,303 | 17,732 |
Income from Lease Financing Receivables | — | 0 |
489 | 43 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 263 | 22 |
Income on Loans and Leases (TE) | 14,566 | 17,770 |
Investment Interest Income (TE) | 35,286 | 2,218 |
Total Interest Income (TE) | 50,328 | 20,559 |
Total Interest Expense | 1,646 | 2,162 |
Net Interest Income (TE) | 48,682 | 18,272 |
Non-Interest Income | 8,917 | 3,794 |
Adjusted Operating Income (TE) | 57,599 | 22,711 |
Non-interest Expense | 24,021 | 16,000 |
Provision for Loan & Lease Losses | -1,000 | 402 |
Pretax Operating Income (TE) | 34,578 | 6,153 |
Pretax Net Operating Income (TE) | 35,040 | 6,294 |
Applicable Income Taxes | 8,334 | 1,702 |
Net Operating Income | 21,947 | 4,381 |
Net Income | 21,947 | 4,381 |
Cash Dividends Declared | 2,800 | 1,082 |
Retained Earnings | 19,147 | 2,782 |