Mountain State Bank
Dawsonville, GA — Domestic Branch of a Domestic Bank
Acquired Jul 2008
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Mountain State Bank | All Insured Commercial Banks in Georgia |
| Interest and Fees on Loans | 1,252 | 5,891 |
| Income from Lease Financing Receivables | — | — |
| — | 855 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 543 |
| Income on Loans and Leases (TE) | 1,252 | 5,911 |
| Investment Interest Income (TE) | 74 | 780 |
| Total Interest Income (TE) | 1,365 | 6,607 |
| Total Interest Expense | 608 | 3,301 |
| Net Interest Income (TE) | 757 | 3,477 |
| Non-Interest Income | 54 | 1,311 |
| Adjusted Operating Income (TE) | 811 | 4,327 |
| Non-interest Expense | 831 | 3,192 |
| Provision for Loan & Lease Losses | 165 | 5,307 |
| Pretax Operating Income (TE) | — | 6,084 |
| Pretax Net Operating Income (TE) | — | 8,544 |
| Applicable Income Taxes | — | 3,244 |
| Net Operating Income | — | 5,799 |
| Net Income | — | 5,827 |
| Cash Dividends Declared | — | 6,080 |
| Retained Earnings | — | 2,295 |