Newton County Bank
Newton, MS — Domestic Branch of a Domestic Bank
Acquired Sep 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Newton County Bank | All Insured Commercial Banks in Mississippi |
Interest and Fees on Loans | 2,389 | 7,140 |
Income from Lease Financing Receivables | — | 1 |
37 | 10 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 19 | 5 |
Income on Loans and Leases (TE) | 2,408 | 7,148 |
Investment Interest Income (TE) | 541 | 1,411 |
Total Interest Income (TE) | 2,995 | 8,600 |
Total Interest Expense | 160 | 776 |
Net Interest Income (TE) | 2,835 | 7,824 |
Non-Interest Income | 760 | 2,315 |
Adjusted Operating Income (TE) | 3,595 | 10,139 |
Non-interest Expense | 2,566 | 6,961 |
Provision for Loan & Lease Losses | 10 | 220 |
Pretax Operating Income (TE) | 1,019 | 2,976 |
Pretax Net Operating Income (TE) | 1,019 | 3,001 |
Applicable Income Taxes | — | 648 |
Net Operating Income | 935 | 2,156 |
Net Income | 935 | 2,156 |
Cash Dividends Declared | 225 | 983 |
Retained Earnings | 710 | 876 |