Great Florida Bank
Coral Gables, FL — Non-member Bank
Acquired Feb 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Great Florida Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 28,646 | 12,424 |
Income from Lease Financing Receivables | — | 0 |
— | 5 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 28,646 | 12,440 |
Investment Interest Income (TE) | 5,722 | 1,715 |
Total Interest Income (TE) | 34,520 | 14,548 |
Total Interest Expense | 10,851 | 1,743 |
Net Interest Income (TE) | 23,669 | 12,724 |
Non-Interest Income | 6,534 | 2,517 |
Adjusted Operating Income (TE) | 30,203 | 15,849 |
Non-interest Expense | 35,555 | 12,447 |
Provision for Loan & Lease Losses | 2,118 | 473 |
Pretax Operating Income (TE) | -7,470 | 2,445 |
Pretax Net Operating Income (TE) | -6,605 | 2,604 |
Applicable Income Taxes | — | 622 |
Net Operating Income | -6,605 | 2,126 |
Net Income | -6,605 | 2,206 |
Cash Dividends Declared | — | 251 |
Retained Earnings | -6,605 | 1,572 |