Security Exchange Bank
Marietta, GA — Non-member Bank
Acquired Jun 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Security Exchange Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 815 | 1,876 |
Income from Lease Financing Receivables | — | 0 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 815 | 1,878 |
Investment Interest Income (TE) | 151 | 254 |
Total Interest Income (TE) | 974 | 2,154 |
Total Interest Expense | 417 | 452 |
Net Interest Income (TE) | 557 | 1,697 |
Non-Interest Income | 361 | 372 |
Adjusted Operating Income (TE) | 918 | 2,132 |
Non-interest Expense | 1,120 | 1,602 |
Provision for Loan & Lease Losses | 79 | 248 |
Pretax Operating Income (TE) | -281 | 289 |
Pretax Net Operating Income (TE) | -281 | 344 |
Applicable Income Taxes | — | 68 |
Net Operating Income | -281 | 252 |
Net Income | -281 | 249 |
Cash Dividends Declared | — | 9 |
Retained Earnings | -281 | 207 |