United Bank Of The Gulf Coast
Sarasota, FL — State Member Bank
Acquired Jul 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | United Bank Of The Gulf Coast | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 3,421 | 4,925 |
Income from Lease Financing Receivables | — | 291 |
— | 66 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 32 |
Income on Loans and Leases (TE) | 3,421 | 4,929 |
Investment Interest Income (TE) | 174 | 915 |
Total Interest Income (TE) | 3,595 | 5,951 |
Total Interest Expense | 1,258 | 1,662 |
Net Interest Income (TE) | 2,337 | 4,286 |
Non-Interest Income | 50 | 732 |
Adjusted Operating Income (TE) | 2,387 | 5,027 |
Non-interest Expense | 1,760 | 3,083 |
Provision for Loan & Lease Losses | 270 | 338 |
Pretax Operating Income (TE) | 357 | 3,712 |
Pretax Net Operating Income (TE) | 357 | 3,729 |
Applicable Income Taxes | 145 | 1,476 |
Net Operating Income | 212 | 2,573 |
Net Income | 212 | 2,571 |
Cash Dividends Declared | — | 1,781 |
Retained Earnings | 212 | 1,906 |