Northwest Georgia Bank
Ringgold, GA — Domestic Branch of a Domestic Bank
Acquired Sep 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Northwest Georgia Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 2,497 | 3,863 |
Income from Lease Financing Receivables | — | 0 |
— | 11 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 5 |
Income on Loans and Leases (TE) | 2,497 | 3,869 |
Investment Interest Income (TE) | 1,431 | 496 |
Total Interest Income (TE) | 3,994 | 4,496 |
Total Interest Expense | 539 | 473 |
Net Interest Income (TE) | 3,455 | 4,019 |
Non-Interest Income | 1,713 | 994 |
Adjusted Operating Income (TE) | 5,168 | 5,241 |
Non-interest Expense | 6,366 | 3,704 |
Provision for Loan & Lease Losses | — | 108 |
Pretax Operating Income (TE) | -1,198 | 1,407 |
Pretax Net Operating Income (TE) | -1,198 | 1,437 |
Applicable Income Taxes | — | 294 |
Net Operating Income | -1,198 | 1,142 |
Net Income | -1,198 | 1,142 |
Cash Dividends Declared | — | 279 |
Retained Earnings | -1,198 | 724 |