Randolph Bank & Trust Company
Asheboro, NC — Domestic Branch of a Domestic Bank
Acquired Oct 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Randolph Bank & Trust Company | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 6,787 | 30,832 |
Income from Lease Financing Receivables | — | 305 |
17 | 62 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 30 |
Income on Loans and Leases (TE) | 6,787 | 31,167 |
Investment Interest Income (TE) | 1,267 | 3,011 |
Total Interest Income (TE) | 8,147 | 34,401 |
Total Interest Expense | 1,380 | 3,526 |
Net Interest Income (TE) | 6,767 | 30,877 |
Non-Interest Income | 2,258 | 8,886 |
Adjusted Operating Income (TE) | 9,025 | 39,648 |
Non-interest Expense | 10,347 | 29,751 |
Provision for Loan & Lease Losses | 948 | 1,496 |
Pretax Operating Income (TE) | -2,270 | 9,435 |
Pretax Net Operating Income (TE) | -3,820 | 9,677 |
Applicable Income Taxes | -1,408 | 3,054 |
Net Operating Income | -2,412 | 6,361 |
Net Income | -2,412 | 6,367 |
Cash Dividends Declared | — | 3,650 |
Retained Earnings | -2,412 | 2,746 |