Security Federal Bank
Aiken, SC — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Security Federal Bank | All Insured Commercial Banks in South Carolina |
Interest and Fees on Loans | 18,612 | 12,539 |
Income from Lease Financing Receivables | — | 0 |
27 | 22 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 13 | 11 |
Income on Loans and Leases (TE) | 18,625 | 12,587 |
Investment Interest Income (TE) | 10,123 | 1,927 |
Total Interest Income (TE) | 28,879 | 14,719 |
Total Interest Expense | 2,841 | 1,274 |
Net Interest Income (TE) | 26,038 | 13,414 |
Non-Interest Income | 7,241 | 3,571 |
Adjusted Operating Income (TE) | 33,279 | 16,851 |
Non-interest Expense | 23,794 | 12,305 |
Provision for Loan & Lease Losses | 500 | 445 |
Pretax Operating Income (TE) | 8,985 | 4,224 |
Pretax Net Operating Income (TE) | 9,689 | 4,344 |
Applicable Income Taxes | 2,171 | 1,192 |
Net Operating Income | 6,411 | 2,936 |
Net Income | 6,411 | 2,936 |
Cash Dividends Declared | 6,000 | 1,017 |
Retained Earnings | 411 | 1,790 |