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 |