Vision Bank
Panama City, FL — Domestic Branch of a Domestic Bank
Acquired Feb 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Vision Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 27,218 | 11,105 |
Income from Lease Financing Receivables | — | 0 |
167 | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 27,218 | 11,110 |
Investment Interest Income (TE) | 4,342 | 1,704 |
Total Interest Income (TE) | 31,581 | 13,075 |
Total Interest Expense | 4,502 | 2,691 |
Net Interest Income (TE) | 27,079 | 10,256 |
Non-Interest Income | 1,420 | 1,327 |
Adjusted Operating Income (TE) | 28,499 | 11,723 |
Non-interest Expense | 31,597 | 10,146 |
Provision for Loan & Lease Losses | 30,833 | 2,854 |
Pretax Operating Income (TE) | -33,931 | -923 |
Pretax Net Operating Income (TE) | -28,736 | -648 |
Applicable Income Taxes | -6,210 | 127 |
Net Operating Income | -22,526 | -766 |
Net Income | -22,526 | -766 |
Cash Dividends Declared | — | 8 |
Retained Earnings | -22,526 | -870 |