First America Bank
Bradenton, FL — Domestic Branch of a Domestic Bank
Acquired May 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First America Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 2,125 | 3,780 |
Income from Lease Financing Receivables | — | 0 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 2,125 | 3,788 |
Investment Interest Income (TE) | 25 | 488 |
Total Interest Income (TE) | 2,158 | 4,385 |
Total Interest Expense | 362 | 431 |
Net Interest Income (TE) | 1,796 | 3,912 |
Non-Interest Income | 497 | 696 |
Adjusted Operating Income (TE) | 2,293 | 4,509 |
Non-interest Expense | 1,797 | 3,757 |
Provision for Loan & Lease Losses | — | 75 |
Pretax Operating Income (TE) | 496 | 1,013 |
Pretax Net Operating Income (TE) | 530 | 1,090 |
Applicable Income Taxes | 190 | 289 |
Net Operating Income | 340 | 764 |
Net Income | 340 | 756 |
Cash Dividends Declared | — | 51 |
Retained Earnings | 340 | 601 |