Paragon Commercial Bank
Raleigh, NC — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Paragon Commercial Bank | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 48,939 | 43,859 |
Income from Lease Financing Receivables | — | 183 |
— | 287 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 148 |
Income on Loans and Leases (TE) | 48,939 | 44,236 |
Investment Interest Income (TE) | 5,247 | 4,769 |
Total Interest Income (TE) | 55,112 | 49,636 |
Total Interest Expense | 7,528 | 4,652 |
Net Interest Income (TE) | 47,584 | 44,984 |
Non-Interest Income | 1,084 | 11,387 |
Adjusted Operating Income (TE) | 48,668 | 56,298 |
Non-interest Expense | 26,295 | 38,609 |
Provision for Loan & Lease Losses | 591 | 1,359 |
Pretax Operating Income (TE) | 21,782 | 16,556 |
Pretax Net Operating Income (TE) | 21,888 | 16,646 |
Applicable Income Taxes | 6,876 | 5,112 |
Net Operating Income | 14,166 | 10,887 |
Net Income | 14,166 | 10,887 |
Cash Dividends Declared | 1,100 | 5,698 |
Retained Earnings | 13,066 | 5,606 |