Gateway Bank & Trust
Ringgold, GA — Domestic Branch of a Domestic Bank
Acquired Sep 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Gateway Bank & Trust | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 2,625 | 3,718 |
Income from Lease Financing Receivables | — | 0 |
— | 8 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 2,625 | 3,722 |
Investment Interest Income (TE) | 143 | 509 |
Total Interest Income (TE) | 2,793 | 4,295 |
Total Interest Expense | 182 | 854 |
Net Interest Income (TE) | 2,611 | 3,430 |
Non-Interest Income | 247 | 737 |
Adjusted Operating Income (TE) | 2,858 | 4,224 |
Non-interest Expense | 1,327 | 3,313 |
Provision for Loan & Lease Losses | 800 | 580 |
Pretax Operating Income (TE) | 731 | 485 |
Pretax Net Operating Income (TE) | 885 | 621 |
Applicable Income Taxes | 342 | 133 |
Net Operating Income | 538 | 444 |
Net Income | 538 | 440 |
Cash Dividends Declared | — | 34 |
Retained Earnings | 538 | 352 |