Southern Commerce Bank, National Association
Tampa, FL — Domestic Branch of a Domestic Bank
Acquired Jun 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Southern Commerce Bank, National Association | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 424 | 3,780 |
Income from Lease Financing Receivables | — | 0 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 424 | 3,788 |
Investment Interest Income (TE) | 48 | 488 |
Total Interest Income (TE) | 491 | 4,385 |
Total Interest Expense | 42 | 431 |
Net Interest Income (TE) | 449 | 3,912 |
Non-Interest Income | 634 | 696 |
Adjusted Operating Income (TE) | 1,083 | 4,509 |
Non-interest Expense | 1,009 | 3,757 |
Provision for Loan & Lease Losses | — | 75 |
Pretax Operating Income (TE) | 74 | 1,013 |
Pretax Net Operating Income (TE) | 74 | 1,090 |
Applicable Income Taxes | 29 | 289 |
Net Operating Income | 45 | 764 |
Net Income | 45 | 756 |
Cash Dividends Declared | — | 51 |
Retained Earnings | 45 | 601 |