Primetrust Bank
Memphis, TN — Domestic Branch of a Domestic Bank
Acquired Mar 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Primetrust Bank | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 3,121 | 12,115 |
Income from Lease Financing Receivables | 6 | 2,066 |
— | 112 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 49 |
Income on Loans and Leases (TE) | 3,127 | 12,141 |
Investment Interest Income (TE) | 378 | 2,003 |
Total Interest Income (TE) | 3,561 | 14,500 |
Total Interest Expense | 1,490 | 6,687 |
Net Interest Income (TE) | 2,071 | 7,814 |
Non-Interest Income | 311 | 1,816 |
Adjusted Operating Income (TE) | 2,382 | 9,746 |
Non-interest Expense | 1,199 | 6,483 |
Provision for Loan & Lease Losses | 304 | 2,751 |
Pretax Operating Income (TE) | 879 | 4,321 |
Pretax Net Operating Income (TE) | 879 | 4,281 |
Applicable Income Taxes | 35 | 1,045 |
Net Operating Income | 798 | 3,098 |
Net Income | 798 | 3,098 |
Cash Dividends Declared | — | 3,960 |
Retained Earnings | 798 | 1,894 |