First Colony Bank
Alpharetta, GA — Domestic Branch of a Domestic Bank
Acquired Jun 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Colony Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 4,538 | 1,843 |
Income from Lease Financing Receivables | 29 | 5,101 |
— | 187 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 100 |
Income on Loans and Leases (TE) | 4,567 | 1,848 |
Investment Interest Income (TE) | 362 | 280 |
Total Interest Income (TE) | 4,958 | 2,032 |
Total Interest Expense | 1,894 | 684 |
Net Interest Income (TE) | 3,064 | 1,348 |
Non-Interest Income | 571 | 362 |
Adjusted Operating Income (TE) | 3,635 | 1,738 |
Non-interest Expense | 1,398 | 1,057 |
Provision for Loan & Lease Losses | 300 | 481 |
Pretax Operating Income (TE) | 1,937 | 2,734 |
Pretax Net Operating Income (TE) | 1,944 | 2,850 |
Applicable Income Taxes | 715 | 1,066 |
Net Operating Income | 1,219 | 1,919 |
Net Income | 1,219 | 1,918 |
Cash Dividends Declared | — | 4,286 |
Retained Earnings | 1,219 | 1,125 |