First Bradenton Bank
Bradenton, FL — Domestic Branch of a Domestic Bank
Acquired Dec 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Bradenton Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 2,343 | 6,181 |
Income from Lease Financing Receivables | — | 1,411 |
— | 133 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 73 |
Income on Loans and Leases (TE) | 2,343 | 6,212 |
Investment Interest Income (TE) | 62 | 1,213 |
Total Interest Income (TE) | 2,477 | 7,492 |
Total Interest Expense | 954 | 1,821 |
Net Interest Income (TE) | 1,523 | 5,638 |
Non-Interest Income | 99 | 1,183 |
Adjusted Operating Income (TE) | 1,622 | 6,897 |
Non-interest Expense | 1,116 | 4,424 |
Provision for Loan & Lease Losses | 103 | 442 |
Pretax Operating Income (TE) | 403 | 4,845 |
Pretax Net Operating Income (TE) | 403 | 4,911 |
Applicable Income Taxes | — | 1,897 |
Net Operating Income | 403 | 3,364 |
Net Income | 403 | 3,364 |
Cash Dividends Declared | 169 | 2,889 |
Retained Earnings | 234 | 2,380 |