Trinity Bank
Monroe, NC — Non-member Bank
Acquired Nov 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Trinity Bank | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 5,711 | 29,670 |
Income from Lease Financing Receivables | — | 107,811 |
— | 6,396 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3,151 |
Income on Loans and Leases (TE) | 5,711 | 29,984 |
Investment Interest Income (TE) | 1,220 | 4,821 |
Total Interest Income (TE) | 6,991 | 35,434 |
Total Interest Expense | 2,988 | 12,120 |
Net Interest Income (TE) | 4,003 | 23,318 |
Non-Interest Income | 612 | 27,640 |
Adjusted Operating Income (TE) | 4,615 | 30,801 |
Non-interest Expense | 3,040 | 20,133 |
Provision for Loan & Lease Losses | 270 | 4,890 |
Pretax Operating Income (TE) | 1,305 | 401,781 |
Pretax Net Operating Income (TE) | 1,305 | 419,393 |
Applicable Income Taxes | 493 | 152,319 |
Net Operating Income | 812 | 278,167 |
Net Income | 812 | 278,167 |
Cash Dividends Declared | — | 260,713 |
Retained Earnings | 812 | 154,520 |