The Piedmont Bank
Norcross, GA — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Piedmont Bank | All Insured Commercial Banks in Georgia |
Interest and Fees on Loans | 22,094 | 8,444 |
Income from Lease Financing Receivables | — | 0 |
— | 26 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 22,094 | 8,459 |
Investment Interest Income (TE) | 440 | 1,021 |
Total Interest Income (TE) | 22,790 | 9,876 |
Total Interest Expense | 3,614 | 962 |
Net Interest Income (TE) | 19,176 | 8,907 |
Non-Interest Income | 2,103 | 2,364 |
Adjusted Operating Income (TE) | 21,279 | 11,707 |
Non-interest Expense | 12,462 | 7,890 |
Provision for Loan & Lease Losses | 1,325 | 260 |
Pretax Operating Income (TE) | 7,492 | 3,396 |
Pretax Net Operating Income (TE) | 7,588 | 3,480 |
Applicable Income Taxes | 2,847 | 748 |
Net Operating Income | 4,741 | 2,812 |
Net Income | 4,741 | 2,812 |
Cash Dividends Declared | — | 844 |
Retained Earnings | 4,741 | 1,559 |