Commercial Bank
Harrogate, TN — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Commercial Bank | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 32,169 | 12,197 |
Income from Lease Financing Receivables | — | 0 |
117 | 25 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 63 | 12 |
Income on Loans and Leases (TE) | 32,232 | 12,231 |
Investment Interest Income (TE) | 2,965 | 1,544 |
Total Interest Income (TE) | 35,753 | 14,034 |
Total Interest Expense | 5,289 | 1,553 |
Net Interest Income (TE) | 30,464 | 12,478 |
Non-Interest Income | 3,770 | 2,901 |
Adjusted Operating Income (TE) | 34,234 | 15,672 |
Non-interest Expense | 22,084 | 10,334 |
Provision for Loan & Lease Losses | 1,000 | 317 |
Pretax Operating Income (TE) | 11,150 | 4,962 |
Pretax Net Operating Income (TE) | 11,305 | 5,007 |
Applicable Income Taxes | 3,265 | 1,069 |
Net Operating Income | 7,287 | 3,589 |
Net Income | 7,287 | 3,593 |
Cash Dividends Declared | 10,500 | 1,505 |
Retained Earnings | -3,213 | 1,960 |