The Coastal Bank
Savannah, GA — Domestic Branch of a Domestic Bank
Acquired Jul 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Coastal Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 8,141 | 3,623 |
Income from Lease Financing Receivables | — | 0 |
— | 9 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 4 |
Income on Loans and Leases (TE) | 8,141 | 3,628 |
Investment Interest Income (TE) | 733 | 507 |
Total Interest Income (TE) | 8,909 | 4,233 |
Total Interest Expense | 679 | 500 |
Net Interest Income (TE) | 8,230 | 3,729 |
Non-Interest Income | 2,318 | 879 |
Adjusted Operating Income (TE) | 10,548 | 4,974 |
Non-interest Expense | 13,921 | 3,636 |
Provision for Loan & Lease Losses | — | 145 |
Pretax Operating Income (TE) | -3,373 | 1,138 |
Pretax Net Operating Income (TE) | -3,358 | 1,162 |
Applicable Income Taxes | -1,490 | 232 |
Net Operating Income | -1,868 | 874 |
Net Income | -1,868 | 874 |
Cash Dividends Declared | — | 189 |
Retained Earnings | -1,868 | 561 |