First Union Direct Bank, National Association
Augusta, GA — National Bank
Acquired Dec 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Union Direct Bank, National Association | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 34,609 | 5,880 |
Income from Lease Financing Receivables | — | 11,749 |
— | 634 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 342 |
Income on Loans and Leases (TE) | 34,609 | 5,893 |
Investment Interest Income (TE) | — | 829 |
Total Interest Income (TE) | 42,686 | 6,400 |
Total Interest Expense | 49,887 | 1,735 |
Net Interest Income (TE) | — | 4,648 |
Non-Interest Income | 4,725 | 972 |
Adjusted Operating Income (TE) | — | 5,719 |
Non-interest Expense | 876 | 3,320 |
Provision for Loan & Lease Losses | — | 865 |
Pretax Operating Income (TE) | — | 9,773 |
Pretax Net Operating Income (TE) | — | 9,734 |
Applicable Income Taxes | — | 3,543 |
Net Operating Income | — | 6,578 |
Net Income | — | 6,578 |
Cash Dividends Declared | — | 7,980 |
Retained Earnings | — | 1,744 |