Metro Bank Of Dade County
Miami, FL — State Member Bank
Acquired Jul 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Metro Bank Of Dade County | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 6,031 | 5,346 |
Income from Lease Financing Receivables | — | 0 |
— | 2 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 6,031 | 5,347 |
Investment Interest Income (TE) | 489 | 861 |
Total Interest Income (TE) | 6,665 | 6,368 |
Total Interest Expense | 3,502 | 1,905 |
Net Interest Income (TE) | 3,163 | 4,372 |
Non-Interest Income | 1,566 | 573 |
Adjusted Operating Income (TE) | 4,729 | 5,064 |
Non-interest Expense | 6,407 | 4,567 |
Provision for Loan & Lease Losses | 26,249 | 2,407 |
Pretax Operating Income (TE) | -27,927 | -1,703 |
Pretax Net Operating Income (TE) | -27,927 | -1,468 |
Applicable Income Taxes | -782 | -162 |
Net Operating Income | -27,145 | -1,237 |
Net Income | -27,145 | -1,238 |
Cash Dividends Declared | — | 13 |
Retained Earnings | -27,145 | -1,282 |