Mountain Heritage Bank
Clayton, GA — Non-member Bank
Acquired Jun 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mountain Heritage Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 705 | 1,933 |
Income from Lease Financing Receivables | — | 0 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 705 | 1,934 |
Investment Interest Income (TE) | 130 | 255 |
Total Interest Income (TE) | 841 | 2,210 |
Total Interest Expense | 512 | 654 |
Net Interest Income (TE) | 329 | 1,546 |
Non-Interest Income | 61 | 279 |
Adjusted Operating Income (TE) | 390 | 1,863 |
Non-interest Expense | 921 | 1,556 |
Provision for Loan & Lease Losses | 1,180 | 365 |
Pretax Operating Income (TE) | -1,711 | -28 |
Pretax Net Operating Income (TE) | -1,711 | -10 |
Applicable Income Taxes | — | 27 |
Net Operating Income | -1,711 | -38 |
Net Income | -1,711 | -38 |
Cash Dividends Declared | — | 3 |
Retained Earnings | -1,711 | -55 |