Sunrise Bank
Valdosta, GA — Non-member Bank
Acquired May 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Sunrise Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 558 | 1,765 |
Income from Lease Financing Receivables | — | 0 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 558 | 1,767 |
Investment Interest Income (TE) | 1 | 211 |
Total Interest Income (TE) | 567 | 2,028 |
Total Interest Expense | 123 | 308 |
Net Interest Income (TE) | 444 | 1,717 |
Non-Interest Income | 32 | 418 |
Adjusted Operating Income (TE) | 476 | 2,216 |
Non-interest Expense | 1,140 | 1,651 |
Provision for Loan & Lease Losses | 37 | 126 |
Pretax Operating Income (TE) | -701 | 415 |
Pretax Net Operating Income (TE) | -701 | 441 |
Applicable Income Taxes | — | 81 |
Net Operating Income | -701 | 340 |
Net Income | -701 | 340 |
Cash Dividends Declared | — | 37 |
Retained Earnings | -701 | 260 |