First Piedmont Federal Savings And Loan Association Of Gaffney
Gaffney, SC — Savings & Loan Association
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Net Income Analysis
( % relative to Total Revenue )
| Income Statement | First Piedmont Federal Savings And Loan Association Of Gaffney | All Insured Savings Banks in South Carolina |
| Interest and Fees on Loans | 13,370 | 4,120 |
| Income from Lease Financing Receivables | — | 0 |
| — | 0 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
| Income on Loans and Leases (TE) | 13,370 | 4,120 |
| Investment Interest Income (TE) | 75 | 553 |
| Total Interest Income (TE) | 13,795 | 4,786 |
| Total Interest Expense | 33 | 414 |
| Net Interest Income (TE) | 13,762 | 4,372 |
| Non-Interest Income | 5,815 | 855 |
| Adjusted Operating Income (TE) | 19,577 | 5,227 |
| Non-interest Expense | 11,881 | 3,534 |
| Provision for Loan & Lease Losses | — | 49 |
| Pretax Operating Income (TE) | 7,696 | 1,644 |
| Pretax Net Operating Income (TE) | 7,696 | 1,687 |
| Applicable Income Taxes | 2,530 | 443 |
| Net Operating Income | 5,166 | 1,188 |
| Net Income | 5,166 | 1,188 |
| Cash Dividends Declared | — | 5 |
| Retained Earnings | 5,166 | 1,183 |