Mountain National Bank
Sevierville, TN — National Bank
Acquired Jun 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mountain National Bank | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 3,210 | 2,458 |
Income from Lease Financing Receivables | — | 0 |
— | 6 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 3,210 | 2,467 |
Investment Interest Income (TE) | 276 | 343 |
Total Interest Income (TE) | 3,533 | 2,872 |
Total Interest Expense | 1,264 | 434 |
Net Interest Income (TE) | 2,269 | 2,422 |
Non-Interest Income | 898 | 527 |
Adjusted Operating Income (TE) | 3,167 | 2,992 |
Non-interest Expense | 4,000 | 2,104 |
Provision for Loan & Lease Losses | — | 145 |
Pretax Operating Income (TE) | -833 | 726 |
Pretax Net Operating Income (TE) | -820 | 764 |
Applicable Income Taxes | — | 144 |
Net Operating Income | -820 | 563 |
Net Income | -820 | 563 |
Cash Dividends Declared | — | 110 |
Retained Earnings | -820 | 369 |