Oldtown Bank
Waynesville, NC — Domestic Branch of a Domestic Bank
Acquired Apr 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Oldtown Bank | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 864 | 15,164 |
Income from Lease Financing Receivables | — | 220 |
— | 92 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 48 |
Income on Loans and Leases (TE) | 864 | 15,432 |
Investment Interest Income (TE) | 260 | 1,758 |
Total Interest Income (TE) | 1,133 | 17,431 |
Total Interest Expense | 202 | 1,266 |
Net Interest Income (TE) | 931 | 16,165 |
Non-Interest Income | 54 | 5,004 |
Adjusted Operating Income (TE) | 985 | 21,152 |
Non-interest Expense | 956 | 15,485 |
Provision for Loan & Lease Losses | — | 307 |
Pretax Operating Income (TE) | 29 | 5,389 |
Pretax Net Operating Income (TE) | 33 | 5,530 |
Applicable Income Taxes | 58 | 1,844 |
Net Operating Income | -25 | 3,533 |
Net Income | -25 | 3,533 |
Cash Dividends Declared | — | 1,943 |
Retained Earnings | -25 | 913 |