Midsouth Bank
Murfreesboro, TN — Domestic Branch of a Domestic Bank
Acquired Jul 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Midsouth Bank | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 4,538 | 5,071 |
Income from Lease Financing Receivables | — | 0 |
— | 13 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 6 |
Income on Loans and Leases (TE) | 4,538 | 5,086 |
Investment Interest Income (TE) | 827 | 807 |
Total Interest Income (TE) | 5,417 | 6,006 |
Total Interest Expense | 401 | 714 |
Net Interest Income (TE) | 5,016 | 5,276 |
Non-Interest Income | 2,190 | 1,048 |
Adjusted Operating Income (TE) | 7,206 | 6,375 |
Non-interest Expense | 7,758 | 4,405 |
Provision for Loan & Lease Losses | 350 | 168 |
Pretax Operating Income (TE) | -902 | 1,744 |
Pretax Net Operating Income (TE) | -767 | 1,776 |
Applicable Income Taxes | — | 380 |
Net Operating Income | -767 | 1,254 |
Net Income | -767 | 1,258 |
Cash Dividends Declared | — | 464 |
Retained Earnings | -767 | 724 |