Stephens Federal Bank
Toccoa, GA — Domestic Branch of a Domestic Bank
Acquired Dec 2014
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Stephens Federal Bank | All Insured Savings Banks in Georgia |
| Interest and Fees on Loans | 3,843 | 9,268 |
| Income from Lease Financing Receivables | — | 0 |
| — | 10 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 5 |
| Income on Loans and Leases (TE) | 3,843 | 9,273 |
| Investment Interest Income (TE) | 3 | 872 |
| Total Interest Income (TE) | 3,883 | 10,217 |
| Total Interest Expense | 352 | 1,449 |
| Net Interest Income (TE) | 3,531 | 8,768 |
| Non-Interest Income | 150 | 3,924 |
| Adjusted Operating Income (TE) | 3,681 | 12,692 |
| Non-interest Expense | 4,538 | 10,731 |
| Provision for Loan & Lease Losses | -500 | 222 |
| Pretax Operating Income (TE) | -357 | 1,740 |
| Pretax Net Operating Income (TE) | -357 | 1,816 |
| Applicable Income Taxes | — | 67 |
| Net Operating Income | -357 | 1,696 |
| Net Income | -357 | 1,696 |
| Cash Dividends Declared | — | 2,337 |
| Retained Earnings | -357 | -641 |