Riverside National Bank Of Florida
Fort Pierce, FL — National Bank
Acquired Apr 2010
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Riverside National Bank Of Florida | All Insured Commercial Banks in Florida |
| Interest and Fees on Loans | 25,091 | 2,804 |
| Income from Lease Financing Receivables | 46 | — |
| 88 | 51 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
| Income on Loans and Leases (TE) | 25,137 | 2,805 |
| Investment Interest Income (TE) | 10,528 | 438 |
| Total Interest Income (TE) | 35,886 | 3,319 |
| Total Interest Expense | 16,779 | 1,042 |
| Net Interest Income (TE) | 19,107 | 2,232 |
| Non-Interest Income | 7,188 | 330 |
| Adjusted Operating Income (TE) | 26,295 | 2,679 |
| Non-interest Expense | 24,974 | 2,378 |
| Provision for Loan & Lease Losses | 18,831 | 2,065 |
| Pretax Operating Income (TE) | -17,510 | -810 |
| Pretax Net Operating Income (TE) | -18,754 | -702 |
| Applicable Income Taxes | 67 | 148 |
| Net Operating Income | -18,821 | -610 |
| Net Income | -18,821 | -610 |
| Cash Dividends Declared | — | 424 |
| Retained Earnings | -18,821 | -631 |