First State Bank
Chapel Hill, TN — Domestic Branch of a Domestic Bank
Acquired Oct 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First State Bank | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 1,801 | 8,535 |
Income from Lease Financing Receivables | — | 1,489 |
— | 92 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 41 |
Income on Loans and Leases (TE) | 1,801 | 8,566 |
Investment Interest Income (TE) | 353 | 1,516 |
Total Interest Income (TE) | 2,293 | 10,158 |
Total Interest Expense | 883 | 3,669 |
Net Interest Income (TE) | 1,410 | 6,490 |
Non-Interest Income | 179 | 1,812 |
Adjusted Operating Income (TE) | 1,589 | 7,961 |
Non-interest Expense | 1,315 | 5,840 |
Provision for Loan & Lease Losses | 55 | 7,840 |
Pretax Operating Income (TE) | 219 | 2,107 |
Pretax Net Operating Income (TE) | 255 | 2,183 |
Applicable Income Taxes | 88 | 451 |
Net Operating Income | 86 | 1,579 |
Net Income | 86 | 1,576 |
Cash Dividends Declared | — | 1,132 |
Retained Earnings | 86 | 1,060 |