Heritage Banking Group
Carthage, MS — Non-member Bank
Acquired Apr 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Heritage Banking Group | All Insured Commercial Banks in Mississippi |
Interest and Fees on Loans | 2,415 | 3,053 |
Income from Lease Financing Receivables | — | 0 |
1 | 7 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 2,415 | 3,057 |
Investment Interest Income (TE) | 53 | 668 |
Total Interest Income (TE) | 2,528 | 3,737 |
Total Interest Expense | 899 | 791 |
Net Interest Income (TE) | 1,629 | 2,946 |
Non-Interest Income | -350 | 757 |
Adjusted Operating Income (TE) | 1,279 | 3,697 |
Non-interest Expense | 2,158 | 2,545 |
Provision for Loan & Lease Losses | 4,068 | 339 |
Pretax Operating Income (TE) | -4,947 | 805 |
Pretax Net Operating Income (TE) | -4,947 | 759 |
Applicable Income Taxes | — | 122 |
Net Operating Income | -4,947 | 581 |
Net Income | -4,947 | 581 |
Cash Dividends Declared | — | 211 |
Retained Earnings | -4,947 | 374 |