Franklin Community Bank, National Association
Rocky Mount, VA — Domestic Branch of a Domestic Bank
Acquired Jan 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Franklin Community Bank, National Association | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 6,403 | 22,534 |
Income from Lease Financing Receivables | — | 0 |
9 | 80 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 4 | 41 |
Income on Loans and Leases (TE) | 6,407 | 22,629 |
Investment Interest Income (TE) | 451 | 3,357 |
Total Interest Income (TE) | 6,919 | 26,616 |
Total Interest Expense | 700 | 3,141 |
Net Interest Income (TE) | 6,219 | 23,003 |
Non-Interest Income | 893 | 5,486 |
Adjusted Operating Income (TE) | 7,112 | 29,451 |
Non-interest Expense | 5,427 | 19,465 |
Provision for Loan & Lease Losses | 152 | 594 |
Pretax Operating Income (TE) | 1,533 | 8,619 |
Pretax Net Operating Income (TE) | 1,533 | 8,723 |
Applicable Income Taxes | 463 | 2,241 |
Net Operating Income | 1,030 | 5,988 |
Net Income | 1,030 | 5,946 |
Cash Dividends Declared | — | 2,014 |
Retained Earnings | 1,030 | 3,202 |