The National Bank Of South Carolina
Sumter, SC — Domestic Branch of a Domestic Bank
Acquired Jun 2010
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | The National Bank Of South Carolina | All Insured Commercial Banks in South Carolina |
| Interest and Fees on Loans | 38,939 | 3,902 |
| Income from Lease Financing Receivables | — | — |
| 1 | 61 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 35 |
| Income on Loans and Leases (TE) | 38,939 | 3,905 |
| Investment Interest Income (TE) | 4,334 | 643 |
| Total Interest Income (TE) | 44,006 | 4,567 |
| Total Interest Expense | 12,703 | 1,488 |
| Net Interest Income (TE) | 31,303 | 3,080 |
| Non-Interest Income | 2,963 | 694 |
| Adjusted Operating Income (TE) | 34,266 | 3,805 |
| Non-interest Expense | 20,560 | 2,803 |
| Provision for Loan & Lease Losses | 98,690 | 1,820 |
| Pretax Operating Income (TE) | -84,984 | -227 |
| Pretax Net Operating Income (TE) | -84,984 | -165 |
| Applicable Income Taxes | 17,325 | 1,182 |
| Net Operating Income | -102,309 | -169 |
| Net Income | -102,309 | -169 |
| Cash Dividends Declared | — | 667 |
| Retained Earnings | -102,309 | -169 |