Satilla Community Bank
Saint Marys, GA — Non-member Bank
Acquired May 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Satilla Community Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 1,216 | 2,352 |
Income from Lease Financing Receivables | — | — |
— | 544 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 1,216 | 2,355 |
Investment Interest Income (TE) | 174 | 315 |
Total Interest Income (TE) | 1,390 | 2,603 |
Total Interest Expense | 1,013 | 983 |
Net Interest Income (TE) | 377 | 1,616 |
Non-Interest Income | -806 | 311 |
Adjusted Operating Income (TE) | -429 | 1,987 |
Non-interest Expense | 829 | 1,634 |
Provision for Loan & Lease Losses | 2,855 | 5,452 |
Pretax Operating Income (TE) | -4,113 | -222 |
Pretax Net Operating Income (TE) | -4,004 | -188 |
Applicable Income Taxes | — | 372 |
Net Operating Income | -4,004 | -196 |
Net Income | -4,004 | -176 |
Cash Dividends Declared | — | 382 |
Retained Earnings | -4,004 | -218 |