Johnsonville State Bank
Johnsonville, SC — Domestic Branch of a Domestic Bank
Acquired Jun 2007
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Johnsonville State Bank | All Insured Commercial Banks in South Carolina |
| Interest and Fees on Loans | 227 | 4,345 |
| Income from Lease Financing Receivables | — | — |
| — | 37 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 19 |
| Income on Loans and Leases (TE) | 227 | 4,350 |
| Investment Interest Income (TE) | 71 | 1,121 |
| Total Interest Income (TE) | 361 | 5,077 |
| Total Interest Expense | 128 | 2,243 |
| Net Interest Income (TE) | 233 | 2,834 |
| Non-Interest Income | 25 | 620 |
| Adjusted Operating Income (TE) | 258 | 3,482 |
| Non-interest Expense | 188 | 2,161 |
| Provision for Loan & Lease Losses | 32 | 306 |
| Pretax Operating Income (TE) | 38 | 2,398 |
| Pretax Net Operating Income (TE) | 38 | 2,350 |
| Applicable Income Taxes | 8 | 795 |
| Net Operating Income | 30 | 1,563 |
| Net Income | 30 | 1,563 |
| Cash Dividends Declared | 40 | 2,043 |
| Retained Earnings | — | 1,157 |