Pisgah Community Bank
Asheville, NC — Non-member Bank
Acquired May 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Pisgah Community Bank | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 167 | 5,804 |
Income from Lease Financing Receivables | — | 9 |
— | 17 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 7 |
Income on Loans and Leases (TE) | 167 | 5,822 |
Investment Interest Income (TE) | — | 742 |
Total Interest Income (TE) | 171 | 6,617 |
Total Interest Expense | 65 | 916 |
Net Interest Income (TE) | 106 | 5,702 |
Non-Interest Income | -66 | 1,664 |
Adjusted Operating Income (TE) | 40 | 7,331 |
Non-interest Expense | 415 | 5,732 |
Provision for Loan & Lease Losses | -374 | 394 |
Pretax Operating Income (TE) | -1 | 1,327 |
Pretax Net Operating Income (TE) | -1 | 1,376 |
Applicable Income Taxes | — | 348 |
Net Operating Income | -1 | 973 |
Net Income | -1 | 973 |
Cash Dividends Declared | — | 214 |
Retained Earnings | -1 | 408 |