Florida Community Bank
Immokalee, FL — Non-member Bank
Acquired Jan 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Florida Community Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 23,642 | 11,670 |
Income from Lease Financing Receivables | — | — |
60 | 212 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 42 |
Income on Loans and Leases (TE) | 23,642 | 11,672 |
Investment Interest Income (TE) | 6,670 | 1,954 |
Total Interest Income (TE) | 30,423 | 13,919 |
Total Interest Expense | 28,817 | 5,344 |
Net Interest Income (TE) | 1,606 | 8,324 |
Non-Interest Income | 1,879 | 3,564 |
Adjusted Operating Income (TE) | 3,485 | 9,705 |
Non-interest Expense | 28,730 | 9,751 |
Provision for Loan & Lease Losses | 41,230 | 7,486 |
Pretax Operating Income (TE) | — | 3,966 |
Pretax Net Operating Income (TE) | — | 3,852 |
Applicable Income Taxes | — | 2,337 |
Net Operating Income | — | 2,512 |
Net Income | — | 2,508 |
Cash Dividends Declared | — | 3,346 |
Retained Earnings | — | 1,229 |