Tippins Bank
Claxton, GA — Domestic Branch of a Domestic Bank
Acquired Jan 2012
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Tippins Bank | All Insured Commercial Banks in Georgia |
| Interest and Fees on Loans | 2,431 | 7,639 |
| Income from Lease Financing Receivables | — | 0 |
| — | 24 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 7 |
| Income on Loans and Leases (TE) | 2,431 | 7,649 |
| Investment Interest Income (TE) | 398 | 1,050 |
| Total Interest Income (TE) | 2,840 | 8,770 |
| Total Interest Expense | 512 | 2,246 |
| Net Interest Income (TE) | 2,328 | 6,509 |
| Non-Interest Income | 391 | 1,130 |
| Adjusted Operating Income (TE) | 2,719 | 7,806 |
| Non-interest Expense | 2,349 | 6,384 |
| Provision for Loan & Lease Losses | 112 | 2,132 |
| Pretax Operating Income (TE) | 258 | -452 |
| Pretax Net Operating Income (TE) | 258 | -182 |
| Applicable Income Taxes | 265 | 218 |
| Net Operating Income | -7 | -374 |
| Net Income | -7 | -385 |
| Cash Dividends Declared | 988 | 68 |
| Retained Earnings | -995 | -526 |