Florida Traditions Bank
Dade City, FL — Domestic Branch of a Domestic Bank
Acquired Jul 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Florida Traditions Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 6,789 | 6,624 |
Income from Lease Financing Receivables | — | 0 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 6,789 | 6,630 |
Investment Interest Income (TE) | 83 | 972 |
Total Interest Income (TE) | 6,897 | 7,784 |
Total Interest Expense | 997 | 817 |
Net Interest Income (TE) | 5,900 | 6,895 |
Non-Interest Income | 1,954 | 1,194 |
Adjusted Operating Income (TE) | 7,854 | 8,355 |
Non-interest Expense | 4,842 | 6,523 |
Provision for Loan & Lease Losses | — | 163 |
Pretax Operating Income (TE) | 3,012 | 1,530 |
Pretax Net Operating Income (TE) | 3,012 | 1,602 |
Applicable Income Taxes | 1,109 | 382 |
Net Operating Income | 1,903 | 1,267 |
Net Income | 1,903 | 1,267 |
Cash Dividends Declared | — | 130 |
Retained Earnings | 1,903 | 1,041 |