Fidelity Bank
Baton Rouge, LA — Non-member Bank
Acquired Apr 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Fidelity Bank | All Insured Commercial Banks in Louisiana |
Interest and Fees on Loans | 1,327 | 2,355 |
Income from Lease Financing Receivables | — | 0 |
— | 2 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 1,327 | 2,359 |
Investment Interest Income (TE) | 40 | 392 |
Total Interest Income (TE) | 1,375 | 2,796 |
Total Interest Expense | 228 | 336 |
Net Interest Income (TE) | 1,147 | 2,446 |
Non-Interest Income | 263 | 511 |
Adjusted Operating Income (TE) | 1,410 | 3,017 |
Non-interest Expense | 2,000 | 2,088 |
Provision for Loan & Lease Losses | — | 77 |
Pretax Operating Income (TE) | -590 | 792 |
Pretax Net Operating Income (TE) | -449 | 831 |
Applicable Income Taxes | — | 91 |
Net Operating Income | -449 | 707 |
Net Income | -449 | 708 |
Cash Dividends Declared | 4,468 | 249 |
Retained Earnings | -4,917 | 453 |