Spivey State Bank
Swainsboro, GA — Domestic Branch of a Domestic Bank
Acquired Feb 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Spivey State Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 3,601 | 7,613 |
Income from Lease Financing Receivables | — | 0 |
— | 23 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 10 |
Income on Loans and Leases (TE) | 3,601 | 7,625 |
Investment Interest Income (TE) | 303 | 1,042 |
Total Interest Income (TE) | 3,921 | 8,908 |
Total Interest Expense | 276 | 1,011 |
Net Interest Income (TE) | 3,645 | 7,881 |
Non-Interest Income | 1,083 | 1,701 |
Adjusted Operating Income (TE) | 4,728 | 10,068 |
Non-interest Expense | 3,360 | 7,284 |
Provision for Loan & Lease Losses | 175 | 354 |
Pretax Operating Income (TE) | 1,193 | 2,381 |
Pretax Net Operating Income (TE) | 1,210 | 2,427 |
Applicable Income Taxes | — | 484 |
Net Operating Income | 1,209 | 1,950 |
Net Income | 1,209 | 1,950 |
Cash Dividends Declared | 450 | 565 |
Retained Earnings | 759 | 1,131 |