Haven Trust Bank
Duluth, GA — Non-member Bank
Acquired Dec 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Haven Trust Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 20,314 | 9,077 |
Income from Lease Financing Receivables | — | — |
— | 1,262 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 909 |
Income on Loans and Leases (TE) | 20,314 | 9,107 |
Investment Interest Income (TE) | 1,051 | 1,218 |
Total Interest Income (TE) | 21,739 | 10,167 |
Total Interest Expense | 15,768 | 4,990 |
Net Interest Income (TE) | 5,971 | 5,230 |
Non-Interest Income | 2,094 | 11,945 |
Adjusted Operating Income (TE) | 8,065 | 6,461 |
Non-interest Expense | 9,927 | 5,012 |
Provision for Loan & Lease Losses | 11,750 | 8,635 |
Pretax Operating Income (TE) | — | 8,883 |
Pretax Net Operating Income (TE) | — | 12,723 |
Applicable Income Taxes | — | 3,978 |
Net Operating Income | — | 9,172 |
Net Income | — | 9,172 |
Cash Dividends Declared | 947 | 8,358 |
Retained Earnings | — | 3,273 |