Northwest Bank & Trust
Acworth, GA — Non-member Bank
Acquired Jul 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Northwest Bank & Trust | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 2,772 | 4,187 |
Income from Lease Financing Receivables | — | 0 |
— | 9 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 2,772 | 4,192 |
Investment Interest Income (TE) | 394 | 564 |
Total Interest Income (TE) | 3,234 | 4,795 |
Total Interest Expense | 1,715 | 1,776 |
Net Interest Income (TE) | 1,519 | 2,964 |
Non-Interest Income | 76 | 524 |
Adjusted Operating Income (TE) | 1,595 | 3,567 |
Non-interest Expense | 2,459 | 3,157 |
Provision for Loan & Lease Losses | 3,948 | 1,241 |
Pretax Operating Income (TE) | -4,812 | -708 |
Pretax Net Operating Income (TE) | -4,812 | -633 |
Applicable Income Taxes | — | 36 |
Net Operating Income | -4,812 | -610 |
Net Income | -4,812 | -610 |
Cash Dividends Declared | — | 30 |
Retained Earnings | -4,812 | -664 |