Midsouth Bank
Jonesboro, AR — Domestic Branch of a Domestic Bank
Acquired Sep 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Midsouth Bank | All Insured Commercial Banks in Arkansas |
Interest and Fees on Loans | 6,969 | 3,332 |
Income from Lease Financing Receivables | — | 79 |
— | 44 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 22 |
Income on Loans and Leases (TE) | 6,969 | 3,342 |
Investment Interest Income (TE) | 832 | 810 |
Total Interest Income (TE) | 7,894 | 4,256 |
Total Interest Expense | 3,494 | 1,382 |
Net Interest Income (TE) | 4,400 | 2,853 |
Non-Interest Income | 1,262 | 652 |
Adjusted Operating Income (TE) | 5,662 | 3,520 |
Non-interest Expense | 5,602 | 2,072 |
Provision for Loan & Lease Losses | 1,418 | 360 |
Pretax Operating Income (TE) | — | 1,928 |
Pretax Net Operating Income (TE) | — | 1,979 |
Applicable Income Taxes | — | 612 |
Net Operating Income | — | 1,358 |
Net Income | — | 1,358 |
Cash Dividends Declared | — | 1,409 |
Retained Earnings | — | 770 |