First Security National Bank
Norcross, GA — National Bank
Acquired Dec 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Security National Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 2,748 | 7,485 |
Income from Lease Financing Receivables | — | — |
— | 1,359 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 36 |
Income on Loans and Leases (TE) | 2,748 | 7,493 |
Investment Interest Income (TE) | 67 | 1,107 |
Total Interest Income (TE) | 2,870 | 8,489 |
Total Interest Expense | 2,708 | 3,782 |
Net Interest Income (TE) | 162 | 4,653 |
Non-Interest Income | — | 12,491 |
Adjusted Operating Income (TE) | — | 5,691 |
Non-interest Expense | 4,246 | 5,060 |
Provision for Loan & Lease Losses | 1,596 | 3,841 |
Pretax Operating Income (TE) | — | 1,446 |
Pretax Net Operating Income (TE) | — | 1,614 |
Applicable Income Taxes | 6 | 685 |
Net Operating Income | — | 1,186 |
Net Income | — | 1,181 |
Cash Dividends Declared | — | 884 |
Retained Earnings | — | 960 |