Communityone Bank, National Association
Asheboro, NC — Domestic Branch of a Domestic Bank
Acquired Oct 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Communityone Bank, National Association | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 52,091 | 48,298 |
Income from Lease Financing Receivables | — | 694 |
107 | 283 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 54 | 148 |
Income on Loans and Leases (TE) | 52,145 | 49,140 |
Investment Interest Income (TE) | 9,178 | 5,493 |
Total Interest Income (TE) | 62,078 | 55,374 |
Total Interest Expense | 6,960 | 4,136 |
Net Interest Income (TE) | 55,118 | 51,238 |
Non-Interest Income | 14,151 | 17,488 |
Adjusted Operating Income (TE) | 69,269 | 68,671 |
Non-interest Expense | 48,437 | 48,354 |
Provision for Loan & Lease Losses | 345 | 1,316 |
Pretax Operating Income (TE) | 20,487 | 19,200 |
Pretax Net Operating Income (TE) | 20,487 | 19,733 |
Applicable Income Taxes | 9,663 | 6,653 |
Net Operating Income | 10,770 | 12,640 |
Net Income | 10,770 | 12,640 |
Cash Dividends Declared | 1,000 | 6,840 |
Retained Earnings | 9,770 | 6,582 |