Southern Independent Bank
Opp, AL — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Southern Independent Bank | All Insured Commercial Banks in Alabama |
Interest and Fees on Loans | 5,933 | 8,354 |
Income from Lease Financing Receivables | — | 0 |
120 | 61 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 58 | 30 |
Income on Loans and Leases (TE) | 5,991 | 8,404 |
Investment Interest Income (TE) | 1,905 | 1,854 |
Total Interest Income (TE) | 8,076 | 10,667 |
Total Interest Expense | 1,454 | 1,209 |
Net Interest Income (TE) | 6,622 | 9,419 |
Non-Interest Income | 948 | 1,915 |
Adjusted Operating Income (TE) | 7,570 | 11,331 |
Non-interest Expense | 4,580 | 7,466 |
Provision for Loan & Lease Losses | 11 | 339 |
Pretax Operating Income (TE) | 2,979 | 3,581 |
Pretax Net Operating Income (TE) | 3,176 | 3,690 |
Applicable Income Taxes | 762 | 694 |
Net Operating Income | 2,022 | 2,603 |
Net Income | 2,022 | 2,603 |
Cash Dividends Declared | — | 1,049 |
Retained Earnings | 2,022 | 1,520 |