Premier Community Bank
Venice, FL — Domestic Branch of a Domestic Bank
Acquired Jun 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Premier Community Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 1,484 | 2,076 |
Income from Lease Financing Receivables | — | 561 |
— | 48 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 24 |
Income on Loans and Leases (TE) | 1,484 | 2,085 |
Investment Interest Income (TE) | 243 | 371 |
Total Interest Income (TE) | 1,742 | 2,496 |
Total Interest Expense | 413 | 619 |
Net Interest Income (TE) | 1,329 | 1,896 |
Non-Interest Income | 193 | 411 |
Adjusted Operating Income (TE) | 1,522 | 2,347 |
Non-interest Expense | 1,054 | 1,492 |
Provision for Loan & Lease Losses | 60 | 199 |
Pretax Operating Income (TE) | 408 | 1,536 |
Pretax Net Operating Income (TE) | 430 | 1,587 |
Applicable Income Taxes | 164 | 617 |
Net Operating Income | 263 | 1,086 |
Net Income | 263 | 1,086 |
Cash Dividends Declared | 277 | 1,666 |
Retained Earnings | — | 828 |