Citrus And Chemical Bank
Bartow, FL — Domestic Branch of a Domestic Bank
Acquired Dec 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citrus And Chemical Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 29,743 | 11,225 |
Income from Lease Financing Receivables | — | 863 |
182 | 139 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 92 | 61 |
Income on Loans and Leases (TE) | 29,835 | 11,236 |
Investment Interest Income (TE) | 11,439 | 1,677 |
Total Interest Income (TE) | 41,830 | 13,114 |
Total Interest Expense | 19,326 | 6,068 |
Net Interest Income (TE) | 22,504 | 7,039 |
Non-Interest Income | 6,333 | 1,301 |
Adjusted Operating Income (TE) | 28,837 | 8,075 |
Non-interest Expense | 18,753 | 5,607 |
Provision for Loan & Lease Losses | 810 | 1,305 |
Pretax Operating Income (TE) | 9,274 | 5,428 |
Pretax Net Operating Income (TE) | 9,712 | 5,417 |
Applicable Income Taxes | 2,401 | 2,222 |
Net Operating Income | 6,215 | 3,767 |
Net Income | 6,215 | 3,767 |
Cash Dividends Declared | 1,200 | 3,504 |
Retained Earnings | 5,015 | 2,369 |