The Community Bank
Pilot Mountain, NC — Domestic Branch of a Domestic Bank
Acquired Oct 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Community Bank | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 8,399 | 24,490 |
Income from Lease Financing Receivables | 19 | 69,911 |
170 | 6,214 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 88 | 3,252 |
Income on Loans and Leases (TE) | 8,506 | 24,747 |
Investment Interest Income (TE) | 1,721 | 10,326 |
Total Interest Income (TE) | 10,257 | 29,353 |
Total Interest Expense | 1,601 | 8,125 |
Net Interest Income (TE) | 8,656 | 21,228 |
Non-Interest Income | 1,397 | 27,585 |
Adjusted Operating Income (TE) | 10,053 | 29,195 |
Non-interest Expense | 5,125 | 21,917 |
Provision for Loan & Lease Losses | 4 | 8,965 |
Pretax Operating Income (TE) | 4,924 | 266,123 |
Pretax Net Operating Income (TE) | 4,924 | 300,096 |
Applicable Income Taxes | 1,651 | 110,058 |
Net Operating Income | 3,073 | 208,889 |
Net Income | 3,073 | 208,889 |
Cash Dividends Declared | 1,520 | 223,965 |
Retained Earnings | 1,553 | 98,584 |