Harbor National Bank
Charleston, SC — Domestic Branch of a Domestic Bank
Acquired Dec 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Harbor National Bank | All Insured Commercial Banks in South Carolina |
Interest and Fees on Loans | 8,720 | 9,765 |
Income from Lease Financing Receivables | — | 1 |
— | 15 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 5 |
Income on Loans and Leases (TE) | 8,720 | 9,780 |
Investment Interest Income (TE) | 439 | 1,489 |
Total Interest Income (TE) | 9,221 | 11,351 |
Total Interest Expense | 1,045 | 1,211 |
Net Interest Income (TE) | 8,176 | 10,122 |
Non-Interest Income | 3,481 | 2,798 |
Adjusted Operating Income (TE) | 11,657 | 12,898 |
Non-interest Expense | 8,743 | 10,583 |
Provision for Loan & Lease Losses | -340 | 363 |
Pretax Operating Income (TE) | 3,254 | 2,457 |
Pretax Net Operating Income (TE) | 3,575 | 2,530 |
Applicable Income Taxes | 1,312 | 676 |
Net Operating Income | 2,244 | 1,920 |
Net Income | 2,244 | 1,920 |
Cash Dividends Declared | — | 595 |
Retained Earnings | 2,244 | 777 |