Oceanside Bank
Jacksonville Beach, FL — Domestic Branch of a Domestic Bank
Acquired Nov 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Oceanside Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 8,238 | 7,885 |
Income from Lease Financing Receivables | — | 0 |
— | 3 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 8,238 | 7,887 |
Investment Interest Income (TE) | 1,280 | 1,249 |
Total Interest Income (TE) | 9,677 | 9,364 |
Total Interest Expense | 3,251 | 2,721 |
Net Interest Income (TE) | 6,426 | 6,566 |
Non-Interest Income | 534 | 879 |
Adjusted Operating Income (TE) | 6,960 | 7,723 |
Non-interest Expense | 5,468 | 6,804 |
Provision for Loan & Lease Losses | 1,593 | 3,529 |
Pretax Operating Income (TE) | -101 | -2,356 |
Pretax Net Operating Income (TE) | -80 | -1,941 |
Applicable Income Taxes | -117 | -215 |
Net Operating Income | 37 | -1,606 |
Net Income | 37 | -1,607 |
Cash Dividends Declared | — | 15 |
Retained Earnings | 37 | -1,667 |