Peninsula Bank
Englewood, FL — Non-member Bank
Acquired Jun 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Peninsula Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 3,338 | 2,804 |
Income from Lease Financing Receivables | — | — |
— | 51 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
Income on Loans and Leases (TE) | 3,338 | 2,805 |
Investment Interest Income (TE) | 1,095 | 438 |
Total Interest Income (TE) | 4,507 | 3,319 |
Total Interest Expense | 4,213 | 1,042 |
Net Interest Income (TE) | 294 | 2,232 |
Non-Interest Income | 11,759 | 330 |
Adjusted Operating Income (TE) | 12,053 | 2,679 |
Non-interest Expense | 5,432 | 2,378 |
Provision for Loan & Lease Losses | 15,658 | 2,065 |
Pretax Operating Income (TE) | -9,037 | -810 |
Pretax Net Operating Income (TE) | -8,792 | -702 |
Applicable Income Taxes | -5,022 | 148 |
Net Operating Income | -3,770 | -610 |
Net Income | -3,770 | -610 |
Cash Dividends Declared | — | 424 |
Retained Earnings | -3,770 | -631 |