Heritage Community Bank
Quitman, GA — Domestic Branch of a Domestic Bank
Acquired Feb 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Heritage Community Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 6,192 | 9,993 |
Income from Lease Financing Receivables | — | 20,050 |
32 | 1,051 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 16 | 546 |
Income on Loans and Leases (TE) | 6,208 | 10,011 |
Investment Interest Income (TE) | 513 | 1,131 |
Total Interest Income (TE) | 6,839 | 10,983 |
Total Interest Expense | 2,194 | 3,730 |
Net Interest Income (TE) | 4,645 | 7,289 |
Non-Interest Income | 883 | 1,414 |
Adjusted Operating Income (TE) | 5,528 | 8,817 |
Non-interest Expense | 2,957 | 4,958 |
Provision for Loan & Lease Losses | 184 | 1,363 |
Pretax Operating Income (TE) | 2,387 | 16,779 |
Pretax Net Operating Income (TE) | 2,367 | 16,741 |
Applicable Income Taxes | 806 | 6,296 |
Net Operating Income | 1,536 | 11,252 |
Net Income | 1,536 | 11,253 |
Cash Dividends Declared | 901 | 8,637 |
Retained Earnings | 635 | 5,416 |