Homosassa Springs Bank
Homosassa, FL — Domestic Branch of a Domestic Bank
Acquired Feb 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Homosassa Springs Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 2,980 | 14,391 |
Income from Lease Financing Receivables | — | 1,192 |
— | 192 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 90 |
Income on Loans and Leases (TE) | 2,980 | 14,405 |
Investment Interest Income (TE) | 378 | 2,445 |
Total Interest Income (TE) | 3,466 | 16,790 |
Total Interest Expense | 1,238 | 7,781 |
Net Interest Income (TE) | 2,228 | 8,957 |
Non-Interest Income | 460 | 1,642 |
Adjusted Operating Income (TE) | 2,688 | 10,292 |
Non-interest Expense | 1,766 | 7,348 |
Provision for Loan & Lease Losses | 9 | 2,686 |
Pretax Operating Income (TE) | 913 | 6,645 |
Pretax Net Operating Income (TE) | 913 | 6,457 |
Applicable Income Taxes | — | 2,523 |
Net Operating Income | 913 | 4,481 |
Net Income | 913 | 4,481 |
Cash Dividends Declared | 930 | 4,160 |
Retained Earnings | — | 3,131 |