Republic Bank
Saint Petersburg, FL — Domestic Branch of a Domestic Bank
Acquired Jun 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Republic Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 23,251 | 2,076 |
Income from Lease Financing Receivables | — | 561 |
76 | 48 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 41 | 24 |
Income on Loans and Leases (TE) | 23,292 | 2,085 |
Investment Interest Income (TE) | 8,453 | 371 |
Total Interest Income (TE) | 32,483 | 2,496 |
Total Interest Expense | 11,860 | 619 |
Net Interest Income (TE) | 20,623 | 1,896 |
Non-Interest Income | 2,722 | 411 |
Adjusted Operating Income (TE) | 23,345 | 2,347 |
Non-interest Expense | 20,204 | 1,492 |
Provision for Loan & Lease Losses | — | 199 |
Pretax Operating Income (TE) | 3,341 | 1,536 |
Pretax Net Operating Income (TE) | 3,341 | 1,587 |
Applicable Income Taxes | 1,167 | 617 |
Net Operating Income | 2,133 | 1,086 |
Net Income | 2,133 | 1,086 |
Cash Dividends Declared | — | 1,666 |
Retained Earnings | 2,133 | 828 |