Madison County Bank
Madison, MS — Domestic Branch of a Domestic Bank
Acquired Mar 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Madison County Bank | All Insured Commercial Banks in Mississippi |
Interest and Fees on Loans | 3,404 | 12,921 |
Income from Lease Financing Receivables | — | 2,733 |
— | 497 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 269 |
Income on Loans and Leases (TE) | 3,404 | 12,934 |
Investment Interest Income (TE) | 201 | 3,040 |
Total Interest Income (TE) | 3,612 | 16,015 |
Total Interest Expense | 1,699 | 4,897 |
Net Interest Income (TE) | 1,913 | 11,118 |
Non-Interest Income | 205 | 2,981 |
Adjusted Operating Income (TE) | 2,118 | 14,096 |
Non-interest Expense | 2,562 | 10,353 |
Provision for Loan & Lease Losses | 95 | 5,143 |
Pretax Operating Income (TE) | — | 8,243 |
Pretax Net Operating Income (TE) | — | 8,520 |
Applicable Income Taxes | — | 3,046 |
Net Operating Income | — | 5,918 |
Net Income | — | 5,918 |
Cash Dividends Declared | — | 4,004 |
Retained Earnings | — | 2,309 |