The Bank Of Sharon
Chattanooga, TN — Domestic Branch of a Domestic Bank
Acquired Jan 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Bank Of Sharon | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 6,959 | 7,142 |
Income from Lease Financing Receivables | 2 | 2,112 |
69 | 192 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 31 | 107 |
Income on Loans and Leases (TE) | 6,992 | 7,156 |
Investment Interest Income (TE) | 1,241 | 1,584 |
Total Interest Income (TE) | 8,322 | 9,045 |
Total Interest Expense | 4,056 | 3,192 |
Net Interest Income (TE) | 4,266 | 5,828 |
Non-Interest Income | 1,260 | 1,287 |
Adjusted Operating Income (TE) | 5,526 | 7,160 |
Non-interest Expense | 3,833 | 4,443 |
Provision for Loan & Lease Losses | 236 | 2,572 |
Pretax Operating Income (TE) | 1,457 | 14,477 |
Pretax Net Operating Income (TE) | 1,621 | 14,669 |
Applicable Income Taxes | 404 | 4,765 |
Net Operating Income | 1,011 | 9,842 |
Net Income | 1,011 | 9,836 |
Cash Dividends Declared | — | 8,807 |
Retained Earnings | 1,011 | 3,800 |