First National Bank Of Forsyth County
Cumming, GA — Domestic Branch of a Domestic Bank
Acquired Dec 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First National Bank Of Forsyth County | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 11,826 | 10,654 |
Income from Lease Financing Receivables | — | 170,912 |
— | 1,571 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 859 |
Income on Loans and Leases (TE) | 11,826 | 10,670 |
Investment Interest Income (TE) | 551 | 1,145 |
Total Interest Income (TE) | 12,969 | 11,798 |
Total Interest Expense | 6,815 | 5,528 |
Net Interest Income (TE) | 6,154 | 6,264 |
Non-Interest Income | 220 | 1,128 |
Adjusted Operating Income (TE) | 6,374 | 7,431 |
Non-interest Expense | 3,095 | 4,384 |
Provision for Loan & Lease Losses | 777 | 2,059 |
Pretax Operating Income (TE) | 2,502 | 13,290 |
Pretax Net Operating Income (TE) | 2,502 | 14,172 |
Applicable Income Taxes | 895 | 5,588 |
Net Operating Income | 1,565 | 9,475 |
Net Income | 1,565 | 9,475 |
Cash Dividends Declared | — | 10,596 |
Retained Earnings | 1,565 | 2,881 |