Community Bank Of Rowan
Salisbury, NC — Domestic Branch of a Domestic Bank
Acquired Feb 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Community Bank Of Rowan | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 6,395 | 33,126 |
Income from Lease Financing Receivables | — | 118 |
— | 69 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 13 |
Income on Loans and Leases (TE) | 6,395 | 33,261 |
Investment Interest Income (TE) | 270 | 4,030 |
Total Interest Income (TE) | 6,732 | 38,388 |
Total Interest Expense | 1,191 | 7,695 |
Net Interest Income (TE) | 5,541 | 29,835 |
Non-Interest Income | 1,071 | 6,985 |
Adjusted Operating Income (TE) | 6,612 | 36,291 |
Non-interest Expense | 3,760 | 30,094 |
Provision for Loan & Lease Losses | 1,137 | 10,208 |
Pretax Operating Income (TE) | 1,715 | 1,261 |
Pretax Net Operating Income (TE) | 1,715 | 1,605 |
Applicable Income Taxes | 666 | 1,060 |
Net Operating Income | 1,049 | 518 |
Net Income | 1,049 | 517 |
Cash Dividends Declared | — | 585 |
Retained Earnings | 1,049 | -956 |