The First National Bank Of La Follette
La Follette, TN — Domestic Branch of a Domestic Bank
Acquired Jan 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The First National Bank Of La Follette | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 8,394 | 10,850 |
Income from Lease Financing Receivables | — | 0 |
— | 28 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 10 |
Income on Loans and Leases (TE) | 8,394 | 10,873 |
Investment Interest Income (TE) | 1,137 | 1,586 |
Total Interest Income (TE) | 9,558 | 12,673 |
Total Interest Expense | 2,310 | 3,557 |
Net Interest Income (TE) | 7,248 | 9,104 |
Non-Interest Income | 1,560 | 1,764 |
Adjusted Operating Income (TE) | 8,808 | 10,970 |
Non-interest Expense | 7,593 | 7,959 |
Provision for Loan & Lease Losses | 1,557 | 2,075 |
Pretax Operating Income (TE) | -342 | 1,049 |
Pretax Net Operating Income (TE) | -313 | 1,306 |
Applicable Income Taxes | — | 324 |
Net Operating Income | -313 | 908 |
Net Income | -313 | 908 |
Cash Dividends Declared | — | 520 |
Retained Earnings | -313 | 238 |