Union Bank Of Florida
Lauderhill, FL — Domestic Branch of a Domestic Bank
Acquired Feb 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Union Bank Of Florida | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 34,292 | 8,831 |
Income from Lease Financing Receivables | — | 1,531 |
— | 173 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 96 |
Income on Loans and Leases (TE) | 34,292 | 8,873 |
Investment Interest Income (TE) | 10,713 | 1,780 |
Total Interest Income (TE) | 45,224 | 10,244 |
Total Interest Expense | 9,520 | 2,568 |
Net Interest Income (TE) | 35,704 | 7,688 |
Non-Interest Income | 6,078 | 1,608 |
Adjusted Operating Income (TE) | 41,782 | 9,384 |
Non-interest Expense | 25,944 | 6,022 |
Provision for Loan & Lease Losses | 772 | 618 |
Pretax Operating Income (TE) | 15,066 | 6,618 |
Pretax Net Operating Income (TE) | 16,527 | 6,595 |
Applicable Income Taxes | — | 2,646 |
Net Operating Income | 16,527 | 4,482 |
Net Income | 16,527 | 4,479 |
Cash Dividends Declared | 7,245 | 3,721 |
Retained Earnings | 9,282 | 3,014 |