Southern Bank And Trust Company
Mount Olive, NC — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Southern Bank And Trust Company | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 75,448 | 43,859 |
Income from Lease Financing Receivables | 73 | 183 |
716 | 287 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 386 | 148 |
Income on Loans and Leases (TE) | 75,907 | 44,236 |
Investment Interest Income (TE) | 12,944 | 4,769 |
Total Interest Income (TE) | 90,476 | 49,636 |
Total Interest Expense | 2,597 | 4,652 |
Net Interest Income (TE) | 87,879 | 44,984 |
Non-Interest Income | 12,847 | 11,387 |
Adjusted Operating Income (TE) | 100,726 | 56,298 |
Non-interest Expense | 74,439 | 38,609 |
Provision for Loan & Lease Losses | 3,770 | 1,359 |
Pretax Operating Income (TE) | 22,517 | 16,556 |
Pretax Net Operating Income (TE) | 21,686 | 16,646 |
Applicable Income Taxes | 7,431 | 5,112 |
Net Operating Income | 13,526 | 10,887 |
Net Income | 13,526 | 10,887 |
Cash Dividends Declared | 32,696 | 5,698 |
Retained Earnings | -19,170 | 5,606 |