Franklin Federal Savings Bank
Glen Allen, VA — Domestic Branch of a Domestic Bank
Acquired Jan 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Franklin Federal Savings Bank |
Interest and Fees on Loans | 32,632 |
Income from Lease Financing Receivables | — |
— | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — |
Income on Loans and Leases (TE) | 32,632 |
Investment Interest Income (TE) | 7,139 |
Total Interest Income (TE) | 40,393 |
Total Interest Expense | 14,756 |
Net Interest Income (TE) | 25,637 |
Non-Interest Income | 2,706 |
Adjusted Operating Income (TE) | 28,343 |
Non-interest Expense | 29,959 |
Provision for Loan & Lease Losses | 8,479 |
Pretax Operating Income (TE) | -10,095 |
Pretax Net Operating Income (TE) | -3,682 |
Applicable Income Taxes | 2,115 |
Net Operating Income | -5,797 |
Net Income | -5,797 |
Cash Dividends Declared | — |
Retained Earnings | -5,797 |