Providence Bank
Rocky Mount, NC — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Providence Bank | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 11,187 | 43,859 |
Income from Lease Financing Receivables | — | 183 |
93 | 287 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 48 | 148 |
Income on Loans and Leases (TE) | 11,235 | 44,236 |
Investment Interest Income (TE) | 30 | 4,769 |
Total Interest Income (TE) | 11,474 | 49,636 |
Total Interest Expense | 2,248 | 4,652 |
Net Interest Income (TE) | 9,226 | 44,984 |
Non-Interest Income | 489 | 11,387 |
Adjusted Operating Income (TE) | 9,715 | 56,298 |
Non-interest Expense | 5,621 | 38,609 |
Provision for Loan & Lease Losses | 195 | 1,359 |
Pretax Operating Income (TE) | 3,899 | 16,556 |
Pretax Net Operating Income (TE) | 3,899 | 16,646 |
Applicable Income Taxes | 1,344 | 5,112 |
Net Operating Income | 2,507 | 10,887 |
Net Income | 2,507 | 10,887 |
Cash Dividends Declared | 636 | 5,698 |
Retained Earnings | 1,871 | 5,606 |