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 |