Teche Federal Bank
New Iberia, LA — Domestic Branch of a Domestic Bank
Acquired Jun 2014
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Teche Federal Bank | All Insured Commercial Banks in Louisiana |
| Interest and Fees on Loans | 9,034 | 2,442 |
| Income from Lease Financing Receivables | — | 0 |
| — | 2 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
| Income on Loans and Leases (TE) | 9,034 | 2,446 |
| Investment Interest Income (TE) | 224 | 432 |
| Total Interest Income (TE) | 9,378 | 2,919 |
| Total Interest Expense | 1,506 | 285 |
| Net Interest Income (TE) | 7,872 | 2,624 |
| Non-Interest Income | 3,643 | 513 |
| Adjusted Operating Income (TE) | 11,515 | 3,178 |
| Non-interest Expense | 8,377 | 2,137 |
| Provision for Loan & Lease Losses | — | 59 |
| Pretax Operating Income (TE) | 3,138 | 925 |
| Pretax Net Operating Income (TE) | 3,138 | 935 |
| Applicable Income Taxes | 1,051 | 116 |
| Net Operating Income | 2,087 | 742 |
| Net Income | 2,087 | 742 |
| Cash Dividends Declared | — | 200 |
| Retained Earnings | 2,087 | 491 |