First Avenue National Bank
Ocala, FL — Domestic Branch of a Domestic Bank
Acquired Apr 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Avenue National Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 1,038 | 3,971 |
Income from Lease Financing Receivables | — | 0 |
— | 7 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 1,038 | 3,979 |
Investment Interest Income (TE) | 78 | 496 |
Total Interest Income (TE) | 1,129 | 4,605 |
Total Interest Expense | 97 | 463 |
Net Interest Income (TE) | 1,032 | 4,113 |
Non-Interest Income | 141 | 802 |
Adjusted Operating Income (TE) | 1,173 | 5,049 |
Non-interest Expense | 1,128 | 3,683 |
Provision for Loan & Lease Losses | 6 | 92 |
Pretax Operating Income (TE) | 39 | 1,132 |
Pretax Net Operating Income (TE) | 39 | 1,152 |
Applicable Income Taxes | 22 | 321 |
Net Operating Income | 17 | 804 |
Net Income | 17 | 804 |
Cash Dividends Declared | — | 134 |
Retained Earnings | 17 | 614 |