The Park Avenue Bank
Valdosta, GA — State Member Bank
Acquired Apr 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Park Avenue Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 7,187 | 1,933 |
Income from Lease Financing Receivables | — | 0 |
4 | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 7,187 | 1,934 |
Investment Interest Income (TE) | 1,027 | 255 |
Total Interest Income (TE) | 8,300 | 2,210 |
Total Interest Expense | 4,012 | 654 |
Net Interest Income (TE) | 4,288 | 1,546 |
Non-Interest Income | 380 | 279 |
Adjusted Operating Income (TE) | 4,668 | 1,863 |
Non-interest Expense | 5,973 | 1,556 |
Provision for Loan & Lease Losses | — | 365 |
Pretax Operating Income (TE) | -1,305 | -28 |
Pretax Net Operating Income (TE) | -1,183 | -10 |
Applicable Income Taxes | — | 27 |
Net Operating Income | -1,183 | -38 |
Net Income | -1,183 | -38 |
Cash Dividends Declared | — | 3 |
Retained Earnings | -1,183 | -55 |