Peoples Bank
Newton, NC — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Peoples Bank | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 32,452 | 43,859 |
Income from Lease Financing Receivables | — | 183 |
489 | 287 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 263 | 148 |
Income on Loans and Leases (TE) | 32,715 | 44,236 |
Investment Interest Income (TE) | 9,378 | 4,769 |
Total Interest Income (TE) | 42,353 | 49,636 |
Total Interest Expense | 2,787 | 4,652 |
Net Interest Income (TE) | 39,566 | 44,984 |
Non-Interest Income | 13,240 | 11,387 |
Adjusted Operating Income (TE) | 52,806 | 56,298 |
Non-interest Expense | 39,462 | 38,609 |
Provision for Loan & Lease Losses | -1,206 | 1,359 |
Pretax Operating Income (TE) | 14,550 | 16,556 |
Pretax Net Operating Income (TE) | 14,874 | 16,646 |
Applicable Income Taxes | 2,739 | 5,112 |
Net Operating Income | 9,523 | 10,887 |
Net Income | 9,523 | 10,887 |
Cash Dividends Declared | 4,500 | 5,698 |
Retained Earnings | 5,023 | 5,606 |