Southbank, A Federal Savings Bank
Huntsville, AL — Federal Savings Bank
Acquired Apr 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Southbank, A Federal Savings Bank |
Interest and Fees on Loans | 453 |
Income from Lease Financing Receivables | — |
— | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — |
Income on Loans and Leases (TE) | 453 |
Investment Interest Income (TE) | 121 |
Total Interest Income (TE) | 580 |
Total Interest Expense | 103 |
Net Interest Income (TE) | 477 |
Non-Interest Income | 77 |
Adjusted Operating Income (TE) | 554 |
Non-interest Expense | 1,348 |
Provision for Loan & Lease Losses | — |
Pretax Operating Income (TE) | -794 |
Pretax Net Operating Income (TE) | -793 |
Applicable Income Taxes | 8 |
Net Operating Income | -801 |
Net Income | -801 |
Cash Dividends Declared | — |
Retained Earnings | -801 |