High Point Bank And Trust Company
High Point, NC — Domestic Branch of a Domestic Bank
Acquired Nov 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | High Point Bank And Trust Company | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 16,420 | 48,298 |
Income from Lease Financing Receivables | — | 694 |
114 | 283 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 58 | 148 |
Income on Loans and Leases (TE) | 16,478 | 49,140 |
Investment Interest Income (TE) | 3,613 | 5,493 |
Total Interest Income (TE) | 20,423 | 55,374 |
Total Interest Expense | 1,620 | 4,136 |
Net Interest Income (TE) | 18,803 | 51,238 |
Non-Interest Income | 8,564 | 17,488 |
Adjusted Operating Income (TE) | 27,367 | 68,671 |
Non-interest Expense | 20,913 | 48,354 |
Provision for Loan & Lease Losses | -450 | 1,316 |
Pretax Operating Income (TE) | 6,904 | 19,200 |
Pretax Net Operating Income (TE) | 7,091 | 19,733 |
Applicable Income Taxes | 1,696 | 6,653 |
Net Operating Income | 4,561 | 12,640 |
Net Income | 4,561 | 12,640 |
Cash Dividends Declared | 1,107 | 6,840 |
Retained Earnings | 3,454 | 6,582 |