Florida Bank Of Commerce
Orlando, FL — Domestic Branch of a Domestic Bank
Acquired Nov 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Florida Bank Of Commerce | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 8,828 | 12,886 |
Income from Lease Financing Receivables | — | 0 |
— | 29 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15 |
Income on Loans and Leases (TE) | 8,828 | 12,915 |
Investment Interest Income (TE) | 282 | 1,640 |
Total Interest Income (TE) | 9,304 | 14,975 |
Total Interest Expense | 458 | 1,541 |
Net Interest Income (TE) | 8,846 | 13,334 |
Non-Interest Income | 670 | 2,791 |
Adjusted Operating Income (TE) | 9,516 | 16,595 |
Non-interest Expense | 7,211 | 11,767 |
Provision for Loan & Lease Losses | — | 261 |
Pretax Operating Income (TE) | 2,305 | 4,373 |
Pretax Net Operating Income (TE) | 2,305 | 4,511 |
Applicable Income Taxes | 880 | 1,248 |
Net Operating Income | 1,425 | 3,099 |
Net Income | 1,425 | 3,099 |
Cash Dividends Declared | — | 671 |
Retained Earnings | 1,425 | 2,102 |