Grand Bank & Trust Of Florida
West Palm Beach, FL — Domestic Branch of a Domestic Bank
Acquired Jul 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Grand Bank & Trust Of Florida | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 2,935 | 7,797 |
Income from Lease Financing Receivables | — | 0 |
10 | 11 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 5 | 5 |
Income on Loans and Leases (TE) | 2,940 | 7,816 |
Investment Interest Income (TE) | 633 | 1,000 |
Total Interest Income (TE) | 3,607 | 9,035 |
Total Interest Expense | 342 | 892 |
Net Interest Income (TE) | 3,265 | 8,059 |
Non-Interest Income | 251 | 1,457 |
Adjusted Operating Income (TE) | 3,516 | 9,754 |
Non-interest Expense | 3,530 | 7,421 |
Provision for Loan & Lease Losses | -1,578 | 162 |
Pretax Operating Income (TE) | 1,564 | 2,223 |
Pretax Net Operating Income (TE) | 1,738 | 2,321 |
Applicable Income Taxes | — | 623 |
Net Operating Income | 1,639 | 1,647 |
Net Income | 1,639 | 1,637 |
Cash Dividends Declared | — | 169 |
Retained Earnings | 1,639 | 1,285 |