Coast Bank Of Florida
Bradenton, FL — Domestic Branch of a Domestic Bank
Acquired Dec 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Coast Bank Of Florida | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 27,713 | 11,225 |
Income from Lease Financing Receivables | — | 863 |
— | 139 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 61 |
Income on Loans and Leases (TE) | 27,713 | 11,236 |
Investment Interest Income (TE) | 3,504 | 1,677 |
Total Interest Income (TE) | 33,147 | 13,114 |
Total Interest Expense | 25,405 | 6,068 |
Net Interest Income (TE) | 7,742 | 7,039 |
Non-Interest Income | 1,601 | 1,301 |
Adjusted Operating Income (TE) | 9,343 | 8,075 |
Non-interest Expense | 19,228 | 5,607 |
Provision for Loan & Lease Losses | 11,680 | 1,305 |
Pretax Operating Income (TE) | — | 5,428 |
Pretax Net Operating Income (TE) | — | 5,417 |
Applicable Income Taxes | 12,114 | 2,222 |
Net Operating Income | — | 3,767 |
Net Income | — | 3,767 |
Cash Dividends Declared | — | 3,504 |
Retained Earnings | — | 2,369 |