Mountain National Bank
Tucker, GA — Domestic Branch of a Domestic Bank
Acquired Jul 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mountain National Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 6,738 | 3,779 |
Income from Lease Financing Receivables | 262 | 11,881 |
— | 423 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 225 |
Income on Loans and Leases (TE) | 7,000 | 3,788 |
Investment Interest Income (TE) | 186 | 536 |
Total Interest Income (TE) | 7,204 | 4,184 |
Total Interest Expense | 1,370 | 1,122 |
Net Interest Income (TE) | 5,834 | 3,048 |
Non-Interest Income | 812 | 667 |
Adjusted Operating Income (TE) | 6,646 | 3,751 |
Non-interest Expense | 4,330 | 2,200 |
Provision for Loan & Lease Losses | 450 | 546 |
Pretax Operating Income (TE) | 1,866 | 6,371 |
Pretax Net Operating Income (TE) | 1,866 | 6,357 |
Applicable Income Taxes | 664 | 2,287 |
Net Operating Income | 1,199 | 4,333 |
Net Income | 1,199 | 4,333 |
Cash Dividends Declared | 444 | 3,695 |
Retained Earnings | 755 | 2,427 |