Gainesville Bank & Trust
Gainesville, GA — Domestic Branch of a Domestic Bank
Acquired Jul 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Gainesville Bank & Trust | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 4,597 | 5,891 |
Income from Lease Financing Receivables | — | — |
12 | 855 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 543 |
Income on Loans and Leases (TE) | 4,597 | 5,911 |
Investment Interest Income (TE) | 345 | 780 |
Total Interest Income (TE) | 5,246 | 6,607 |
Total Interest Expense | 2,266 | 3,301 |
Net Interest Income (TE) | 2,980 | 3,477 |
Non-Interest Income | 1,069 | 1,311 |
Adjusted Operating Income (TE) | 4,049 | 4,327 |
Non-interest Expense | 3,458 | 3,192 |
Provision for Loan & Lease Losses | 623 | 5,307 |
Pretax Operating Income (TE) | — | 6,084 |
Pretax Net Operating Income (TE) | — | 8,544 |
Applicable Income Taxes | 60 | 3,244 |
Net Operating Income | — | 5,799 |
Net Income | — | 5,827 |
Cash Dividends Declared | — | 6,080 |
Retained Earnings | — | 2,295 |