Southpoint Bank
Birmingham, AL — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Southpoint Bank | All Insured Commercial Banks in Alabama |
Interest and Fees on Loans | 9,816 | 8,354 |
Income from Lease Financing Receivables | — | 0 |
18 | 61 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 9 | 30 |
Income on Loans and Leases (TE) | 9,825 | 8,404 |
Investment Interest Income (TE) | 1,647 | 1,854 |
Total Interest Income (TE) | 11,537 | 10,667 |
Total Interest Expense | 1,655 | 1,209 |
Net Interest Income (TE) | 9,882 | 9,419 |
Non-Interest Income | 5,952 | 1,915 |
Adjusted Operating Income (TE) | 15,834 | 11,331 |
Non-interest Expense | 11,025 | 7,466 |
Provision for Loan & Lease Losses | 175 | 339 |
Pretax Operating Income (TE) | 4,634 | 3,581 |
Pretax Net Operating Income (TE) | 4,672 | 3,690 |
Applicable Income Taxes | 1,148 | 694 |
Net Operating Income | 3,102 | 2,603 |
Net Income | 3,102 | 2,603 |
Cash Dividends Declared | 2 | 1,049 |
Retained Earnings | 3,100 | 1,520 |