Farmers Bank
Cornersville, TN — Domestic Branch of a Domestic Bank
Acquired Apr 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Farmers Bank | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 1,069 | 2,455 |
Income from Lease Financing Receivables | — | 420 |
1 | 21 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1 | 10 |
Income on Loans and Leases (TE) | 1,070 | 2,460 |
Investment Interest Income (TE) | 130 | 403 |
Total Interest Income (TE) | 1,220 | 2,964 |
Total Interest Expense | 516 | 1,127 |
Net Interest Income (TE) | 704 | 1,831 |
Non-Interest Income | 116 | 400 |
Adjusted Operating Income (TE) | 820 | 2,254 |
Non-interest Expense | 681 | 1,445 |
Provision for Loan & Lease Losses | 75 | 262 |
Pretax Operating Income (TE) | 64 | 1,597 |
Pretax Net Operating Income (TE) | 64 | 1,103 |
Applicable Income Taxes | 4 | 262 |
Net Operating Income | 45 | 825 |
Net Income | 45 | 2,146 |
Cash Dividends Declared | — | 4,489 |
Retained Earnings | 45 | 556 |