Cortez Community Bank
Brooksville, FL — Non-member Bank
Acquired Apr 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Cortez Community Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 447 | 2,795 |
Income from Lease Financing Receivables | — | 0 |
— | 1 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 447 | 2,796 |
Investment Interest Income (TE) | 10 | 417 |
Total Interest Income (TE) | 466 | 3,301 |
Total Interest Expense | 263 | 739 |
Net Interest Income (TE) | 203 | 2,512 |
Non-Interest Income | 97 | 339 |
Adjusted Operating Income (TE) | 300 | 2,853 |
Non-interest Expense | 956 | 2,509 |
Provision for Loan & Lease Losses | — | 663 |
Pretax Operating Income (TE) | -656 | -162 |
Pretax Net Operating Income (TE) | -460 | -111 |
Applicable Income Taxes | — | 16 |
Net Operating Income | -460 | -122 |
Net Income | -460 | -122 |
Cash Dividends Declared | — | 0 |
Retained Earnings | -460 | -133 |