Cohutta Banking Company
Chattanooga, TN — Domestic Branch of a Domestic Bank
Acquired Jun 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Cohutta Banking Company | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 3,629 | 2,726 |
Income from Lease Financing Receivables | — | 589 |
3 | 41 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
Income on Loans and Leases (TE) | 3,629 | 2,731 |
Investment Interest Income (TE) | 502 | 441 |
Total Interest Income (TE) | 4,257 | 3,212 |
Total Interest Expense | 1,115 | 963 |
Net Interest Income (TE) | 3,142 | 2,249 |
Non-Interest Income | 281 | 435 |
Adjusted Operating Income (TE) | 3,423 | 2,698 |
Non-interest Expense | 3,100 | 1,917 |
Provision for Loan & Lease Losses | 1,016 | 1,331 |
Pretax Operating Income (TE) | -693 | 386 |
Pretax Net Operating Income (TE) | -693 | 446 |
Applicable Income Taxes | -276 | 174 |
Net Operating Income | -417 | 327 |
Net Income | -417 | 327 |
Cash Dividends Declared | — | 787 |
Retained Earnings | -417 | 169 |