Independence Trust Company
Franklin, TN — Federal Savings Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Independence Trust Company | All Insured Savings Banks in Tennessee |
Interest and Fees on Loans | — | 8,065 |
Income from Lease Financing Receivables | — | 0 |
— | 54 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 29 |
Income on Loans and Leases (TE) | — | 8,094 |
Investment Interest Income (TE) | 52 | 3,222 |
Total Interest Income (TE) | 78 | 11,551 |
Total Interest Expense | 12 | 1,210 |
Net Interest Income (TE) | 66 | 10,341 |
Non-Interest Income | 1,696 | 2,008 |
Adjusted Operating Income (TE) | 1,762 | 12,349 |
Non-interest Expense | 1,534 | 8,361 |
Provision for Loan & Lease Losses | — | 21 |
Pretax Operating Income (TE) | 228 | 3,968 |
Pretax Net Operating Income (TE) | 234 | 4,002 |
Applicable Income Taxes | 85 | 1,103 |
Net Operating Income | 149 | 2,690 |
Net Income | 149 | 2,690 |
Cash Dividends Declared | 175 | 888 |
Retained Earnings | -26 | 1,802 |