Provident Community Bank, National Association
Rock Hill, SC — Domestic Branch of a Domestic Bank
Acquired May 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Provident Community Bank, National Association | All Insured Commercial Banks in South Carolina |
Interest and Fees on Loans | 1,519 | 3,146 |
Income from Lease Financing Receivables | — | 0 |
— | 6 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 1,519 | 3,148 |
Investment Interest Income (TE) | 973 | 506 |
Total Interest Income (TE) | 2,522 | 3,679 |
Total Interest Expense | 463 | 408 |
Net Interest Income (TE) | 2,059 | 3,272 |
Non-Interest Income | 691 | 899 |
Adjusted Operating Income (TE) | 2,750 | 4,164 |
Non-interest Expense | 2,544 | 3,458 |
Provision for Loan & Lease Losses | — | 119 |
Pretax Operating Income (TE) | 206 | 804 |
Pretax Net Operating Income (TE) | 212 | 830 |
Applicable Income Taxes | 49 | 228 |
Net Operating Income | 163 | 563 |
Net Income | 163 | 563 |
Cash Dividends Declared | — | 201 |
Retained Earnings | 163 | 232 |