Florida Bank
Tampa, FL — Domestic Branch of a Domestic Bank
Acquired Mar 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Florida Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 15,875 | 13,445 |
Income from Lease Financing Receivables | — | 0 |
— | 12 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 6 |
Income on Loans and Leases (TE) | 15,875 | 13,461 |
Investment Interest Income (TE) | 2,553 | 1,882 |
Total Interest Income (TE) | 18,678 | 15,714 |
Total Interest Expense | 2,835 | 1,645 |
Net Interest Income (TE) | 15,843 | 13,918 |
Non-Interest Income | 1,981 | 2,481 |
Adjusted Operating Income (TE) | 17,824 | 17,079 |
Non-interest Expense | 16,412 | 13,331 |
Provision for Loan & Lease Losses | -2,917 | 309 |
Pretax Operating Income (TE) | 4,329 | 3,412 |
Pretax Net Operating Income (TE) | 4,329 | 3,537 |
Applicable Income Taxes | -36,474 | 836 |
Net Operating Income | 40,803 | 2,864 |
Net Income | 40,803 | 2,864 |
Cash Dividends Declared | — | 394 |
Retained Earnings | 40,803 | 2,138 |