The Monroe County Bank
Monroeville, AL — Domestic Branch of a Domestic Bank
Acquired May 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Monroe County Bank | All Insured Commercial Banks in Alabama |
Interest and Fees on Loans | 574 | 1,974 |
Income from Lease Financing Receivables | — | 5,237 |
19 | 47 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 10 | 25 |
Income on Loans and Leases (TE) | 584 | 1,990 |
Investment Interest Income (TE) | 807 | 570 |
Total Interest Income (TE) | 1,397 | 2,347 |
Total Interest Expense | 274 | 718 |
Net Interest Income (TE) | 1,123 | 1,724 |
Non-Interest Income | 170 | 496 |
Adjusted Operating Income (TE) | 1,293 | 2,157 |
Non-interest Expense | 557 | 1,220 |
Provision for Loan & Lease Losses | — | 1,077 |
Pretax Operating Income (TE) | 736 | 7,317 |
Pretax Net Operating Income (TE) | 885 | 7,585 |
Applicable Income Taxes | 199 | 2,386 |
Net Operating Income | 561 | 5,217 |
Net Income | 561 | 5,179 |
Cash Dividends Declared | 301 | 4,935 |
Retained Earnings | 260 | 2,919 |