Home Savings Bank Of Albemarle, Ssb
Albemarle, NC — Domestic Branch of a Domestic Bank
Acquired Apr 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Home Savings Bank Of Albemarle, Ssb | All Insured Savings Banks in North Carolina |
Interest and Fees on Loans | 2,545 | 1,855 |
Income from Lease Financing Receivables | — | 0 |
— | 1 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 2,545 | 1,855 |
Investment Interest Income (TE) | 72 | 231 |
Total Interest Income (TE) | 2,624 | 2,140 |
Total Interest Expense | 507 | 362 |
Net Interest Income (TE) | 2,117 | 1,785 |
Non-Interest Income | 116 | 193 |
Adjusted Operating Income (TE) | 2,233 | 1,976 |
Non-interest Expense | 6,947 | 1,783 |
Provision for Loan & Lease Losses | — | 30 |
Pretax Operating Income (TE) | -4,714 | 335 |
Pretax Net Operating Income (TE) | -4,600 | 343 |
Applicable Income Taxes | -1,593 | 85 |
Net Operating Income | -3,007 | 233 |
Net Income | -3,007 | 233 |
Cash Dividends Declared | — | 25 |
Retained Earnings | -3,007 | -19 |