Keysource Commercial Bank
Durham, NC — Non-member Bank
Acquired Sep 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Keysource Commercial Bank | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 3,996 | 11,307 |
Income from Lease Financing Receivables | — | 17 |
— | 30 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 11 |
Income on Loans and Leases (TE) | 3,996 | 11,337 |
Investment Interest Income (TE) | 191 | 1,679 |
Total Interest Income (TE) | 4,282 | 13,103 |
Total Interest Expense | 1,217 | 2,488 |
Net Interest Income (TE) | 3,065 | 10,619 |
Non-Interest Income | 865 | 2,595 |
Adjusted Operating Income (TE) | 3,930 | 13,069 |
Non-interest Expense | 3,071 | 9,904 |
Provision for Loan & Lease Losses | 1,785 | 2,179 |
Pretax Operating Income (TE) | -926 | 1,628 |
Pretax Net Operating Income (TE) | -1,081 | 1,876 |
Applicable Income Taxes | -417 | 437 |
Net Operating Income | -664 | 1,523 |
Net Income | -664 | 1,523 |
Cash Dividends Declared | — | 335 |
Retained Earnings | -664 | 1,248 |