Southern State Bank
Malvern, AR — Domestic Branch of a Domestic Bank
Acquired Feb 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Southern State Bank | All Insured Commercial Banks in Arkansas |
Interest and Fees on Loans | 238 | 11,119 |
Income from Lease Financing Receivables | — | 781 |
— | 120 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 61 |
Income on Loans and Leases (TE) | 238 | 11,146 |
Investment Interest Income (TE) | 6 | 2,332 |
Total Interest Income (TE) | 266 | 13,744 |
Total Interest Expense | 131 | 6,296 |
Net Interest Income (TE) | 135 | 7,450 |
Non-Interest Income | 18 | 1,834 |
Adjusted Operating Income (TE) | 153 | 9,300 |
Non-interest Expense | 68 | 5,787 |
Provision for Loan & Lease Losses | 5 | 2,504 |
Pretax Operating Income (TE) | 80 | 5,785 |
Pretax Net Operating Income (TE) | 63 | 5,876 |
Applicable Income Taxes | — | 2,031 |
Net Operating Income | 133 | 4,006 |
Net Income | 133 | 4,006 |
Cash Dividends Declared | — | 2,110 |
Retained Earnings | 133 | 2,474 |