First National Bank Of Nassau County
Fernandina Beach, FL — National Bank
Acquired Aug 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First National Bank Of Nassau County | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 5,959 | 6,719 |
Income from Lease Financing Receivables | — | — |
5 | 101 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 3 | 48 |
Income on Loans and Leases (TE) | 5,962 | 6,722 |
Investment Interest Income (TE) | 1,074 | 1,136 |
Total Interest Income (TE) | 7,165 | 7,907 |
Total Interest Expense | 3,973 | 3,553 |
Net Interest Income (TE) | 3,192 | 4,330 |
Non-Interest Income | 2,078 | 893 |
Adjusted Operating Income (TE) | 5,270 | 4,993 |
Non-interest Expense | 4,074 | 3,999 |
Provision for Loan & Lease Losses | 361 | 2,415 |
Pretax Operating Income (TE) | 835 | 3,118 |
Pretax Net Operating Income (TE) | 913 | 3,191 |
Applicable Income Taxes | 229 | 1,298 |
Net Operating Income | 611 | 2,216 |
Net Income | 611 | 2,216 |
Cash Dividends Declared | — | 1,621 |
Retained Earnings | 611 | 1,915 |