Southern Community Bank Of Central Florida
Orlando, FL — Domestic Branch of a Domestic Bank
Acquired Sep 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Southern Community Bank Of Central Florida | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 15,262 | 4,329 |
Income from Lease Financing Receivables | — | 879 |
— | 82 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 45 |
Income on Loans and Leases (TE) | 15,262 | 4,348 |
Investment Interest Income (TE) | 1,941 | 793 |
Total Interest Income (TE) | 17,403 | 5,103 |
Total Interest Expense | 6,268 | 1,292 |
Net Interest Income (TE) | 11,135 | 3,799 |
Non-Interest Income | 753 | 862 |
Adjusted Operating Income (TE) | 11,888 | 4,679 |
Non-interest Expense | 5,644 | 3,031 |
Provision for Loan & Lease Losses | 680 | 375 |
Pretax Operating Income (TE) | 5,564 | 3,098 |
Pretax Net Operating Income (TE) | 5,626 | 3,156 |
Applicable Income Taxes | 1,904 | 1,220 |
Net Operating Income | 3,568 | 2,151 |
Net Income | 3,568 | 2,151 |
Cash Dividends Declared | — | 2,193 |
Retained Earnings | 3,568 | 1,496 |