Republic Bank
Port Richey, FL — Domestic Branch of a Domestic Bank
Acquired May 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Republic Bank | All Insured Savings Banks in Florida |
Interest and Fees on Loans | 970 | 12,464 |
Income from Lease Financing Receivables | — | 1,210 |
— | 5 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 970 | 13,677 |
Investment Interest Income (TE) | 43 | 944 |
Total Interest Income (TE) | 1,021 | 14,699 |
Total Interest Expense | 45 | 3,024 |
Net Interest Income (TE) | 976 | 11,674 |
Non-Interest Income | 279 | 6,564 |
Adjusted Operating Income (TE) | 1,255 | 18,238 |
Non-interest Expense | 974 | 14,076 |
Provision for Loan & Lease Losses | 73 | 266 |
Pretax Operating Income (TE) | 208 | 3,897 |
Pretax Net Operating Income (TE) | 208 | 4,016 |
Applicable Income Taxes | 74 | 1,464 |
Net Operating Income | 134 | 2,516 |
Net Income | 134 | 2,516 |
Cash Dividends Declared | — | 667 |
Retained Earnings | 134 | 1,850 |