Valley Bank
Fort Lauderdale, FL — Non-member Bank
Acquired Jun 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 566 | 3,251 |
Income from Lease Financing Receivables | — | 0 |
— | 1 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 566 | 3,255 |
Investment Interest Income (TE) | 95 | 490 |
Total Interest Income (TE) | 662 | 3,838 |
Total Interest Expense | 205 | 407 |
Net Interest Income (TE) | 457 | 3,396 |
Non-Interest Income | 35 | 544 |
Adjusted Operating Income (TE) | 492 | 4,072 |
Non-interest Expense | 746 | 3,229 |
Provision for Loan & Lease Losses | 780 | 71 |
Pretax Operating Income (TE) | -1,034 | 728 |
Pretax Net Operating Income (TE) | -1,034 | 754 |
Applicable Income Taxes | — | 178 |
Net Operating Income | -1,034 | 584 |
Net Income | -1,034 | 584 |
Cash Dividends Declared | — | 54 |
Retained Earnings | -1,034 | 495 |