Islands Community Bank, N. A.
Beaufort, SC — Domestic Branch of a Domestic Bank
Acquired Dec 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Islands Community Bank, N. A. | All Insured Commercial Banks in South Carolina |
Interest and Fees on Loans | 3,696 | 13,278 |
Income from Lease Financing Receivables | — | — |
— | 98 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 47 |
Income on Loans and Leases (TE) | 3,696 | 13,292 |
Investment Interest Income (TE) | 84 | 1,518 |
Total Interest Income (TE) | 3,933 | 15,186 |
Total Interest Expense | 1,608 | 5,965 |
Net Interest Income (TE) | 2,325 | 9,165 |
Non-Interest Income | 306 | 1,940 |
Adjusted Operating Income (TE) | 2,631 | 11,102 |
Non-interest Expense | 1,764 | 6,037 |
Provision for Loan & Lease Losses | 123 | 1,031 |
Pretax Operating Income (TE) | 744 | 9,945 |
Pretax Net Operating Income (TE) | 744 | 9,995 |
Applicable Income Taxes | 276 | 3,507 |
Net Operating Income | 467 | 6,484 |
Net Income | 467 | 6,484 |
Cash Dividends Declared | — | 4,595 |
Retained Earnings | 467 | 4,502 |