Longleaf Community Bank
Rockingham, NC — Domestic Branch of a Domestic Bank
Acquired Apr 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Longleaf Community Bank | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 918 | 13,348 |
Income from Lease Financing Receivables | — | 33,817 |
— | 4,082 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1,701 |
Income on Loans and Leases (TE) | 918 | 13,461 |
Investment Interest Income (TE) | 68 | 24,180 |
Total Interest Income (TE) | 1,018 | 16,324 |
Total Interest Expense | 554 | 7,693 |
Net Interest Income (TE) | 464 | 8,631 |
Non-Interest Income | 120 | 97,736 |
Adjusted Operating Income (TE) | 584 | 11,467 |
Non-interest Expense | 636 | 8,379 |
Provision for Loan & Lease Losses | 6 | 73,983 |
Pretax Operating Income (TE) | — | 51,694 |
Pretax Net Operating Income (TE) | — | 50,841 |
Applicable Income Taxes | — | 17,195 |
Net Operating Income | — | 32,375 |
Net Income | — | 32,408 |
Cash Dividends Declared | — | 93,351 |
Retained Earnings | — | 4,721 |