Community Bank, Destin
Miramar Beach, FL — Domestic Branch of a Domestic Bank
Acquired Jan 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Community Bank, Destin | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 1,720 | 12,340 |
Income from Lease Financing Receivables | — | 0 |
— | 6 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 1,720 | 12,353 |
Investment Interest Income (TE) | 18 | 1,747 |
Total Interest Income (TE) | 1,762 | 14,488 |
Total Interest Expense | 168 | 2,161 |
Net Interest Income (TE) | 1,594 | 12,216 |
Non-Interest Income | 21 | 2,112 |
Adjusted Operating Income (TE) | 1,615 | 14,776 |
Non-interest Expense | 1,236 | 11,961 |
Provision for Loan & Lease Losses | 93 | 1,597 |
Pretax Operating Income (TE) | 286 | 1,006 |
Pretax Net Operating Income (TE) | 286 | 1,604 |
Applicable Income Taxes | 105 | 329 |
Net Operating Income | 181 | 1,183 |
Net Income | 181 | 1,183 |
Cash Dividends Declared | — | 50 |
Retained Earnings | 181 | 976 |