First Georgia Bank
Brunswick, GA — Domestic Branch of a Domestic Bank
Acquired May 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Georgia Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 3,357 | 1,843 |
Income from Lease Financing Receivables | — | 5,101 |
— | 187 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 100 |
Income on Loans and Leases (TE) | 3,357 | 1,848 |
Investment Interest Income (TE) | 96 | 280 |
Total Interest Income (TE) | 3,487 | 2,032 |
Total Interest Expense | 1,464 | 684 |
Net Interest Income (TE) | 2,023 | 1,348 |
Non-Interest Income | 943 | 362 |
Adjusted Operating Income (TE) | 2,966 | 1,738 |
Non-interest Expense | 2,699 | 1,057 |
Provision for Loan & Lease Losses | 1,530 | 481 |
Pretax Operating Income (TE) | — | 2,734 |
Pretax Net Operating Income (TE) | — | 2,850 |
Applicable Income Taxes | — | 1,066 |
Net Operating Income | — | 1,919 |
Net Income | — | 1,918 |
Cash Dividends Declared | 400 | 4,286 |
Retained Earnings | — | 1,125 |