Prosperity Bank
Saint Augustine, FL — Domestic Branch of a Domestic Bank
Acquired Dec 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Prosperity Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 18,738 | 9,325 |
Income from Lease Financing Receivables | 19 | 0 |
159 | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 82 | 2 |
Income on Loans and Leases (TE) | 18,839 | 9,336 |
Investment Interest Income (TE) | 2,332 | 1,264 |
Total Interest Income (TE) | 21,349 | 10,880 |
Total Interest Expense | 4,936 | 1,348 |
Net Interest Income (TE) | 16,413 | 9,472 |
Non-Interest Income | 2,580 | 1,953 |
Adjusted Operating Income (TE) | 18,993 | 11,961 |
Non-interest Expense | 15,513 | 9,284 |
Provision for Loan & Lease Losses | 2,131 | 358 |
Pretax Operating Income (TE) | 1,349 | 2,036 |
Pretax Net Operating Income (TE) | 1,248 | 2,183 |
Applicable Income Taxes | 382 | 516 |
Net Operating Income | 784 | 1,678 |
Net Income | 784 | 1,725 |
Cash Dividends Declared | — | 106 |
Retained Earnings | 784 | 1,422 |