Colonial Bank
Montgomery, AL — Non-member Bank
Acquired Aug 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Colonial Bank | All Insured Commercial Banks in Alabama |
Interest and Fees on Loans | 419,798 | 4,734 |
Income from Lease Financing Receivables | — | 29,143 |
448 | 378 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 260 |
Income on Loans and Leases (TE) | 419,798 | 4,753 |
Investment Interest Income (TE) | 96,477 | 1,180 |
Total Interest Income (TE) | 560,860 | 5,822 |
Total Interest Expense | 312,565 | 2,173 |
Net Interest Income (TE) | 248,295 | 3,609 |
Non-Interest Income | 59,728 | 15,968 |
Adjusted Operating Income (TE) | 308,023 | 4,362 |
Non-interest Expense | 425,007 | 3,179 |
Provision for Loan & Lease Losses | 515,509 | 19,051 |
Pretax Operating Income (TE) | — | 5,003 |
Pretax Net Operating Income (TE) | — | 6,705 |
Applicable Income Taxes | 94,010 | 6,014 |
Net Operating Income | — | 2,180 |
Net Income | — | 2,173 |
Cash Dividends Declared | — | 724 |
Retained Earnings | — | 2,069 |