Vision Bank
Gulf Shores, AL — Domestic Branch of a Domestic Bank
Acquired Jul 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Vision Bank | All Insured Commercial Banks in Alabama |
Interest and Fees on Loans | 10,308 | 5,536 |
Income from Lease Financing Receivables | — | 16,997 |
9 | 231 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2 | 111 |
Income on Loans and Leases (TE) | 10,310 | 5,563 |
Investment Interest Income (TE) | 298 | 1,157 |
Total Interest Income (TE) | 10,829 | 6,805 |
Total Interest Expense | 4,645 | 3,043 |
Net Interest Income (TE) | 6,184 | 3,724 |
Non-Interest Income | 918 | 758 |
Adjusted Operating Income (TE) | 7,102 | 4,475 |
Non-interest Expense | 3,892 | 2,592 |
Provision for Loan & Lease Losses | 60 | 1,913 |
Pretax Operating Income (TE) | 3,150 | 17,002 |
Pretax Net Operating Income (TE) | 3,150 | 16,848 |
Applicable Income Taxes | 1,172 | 6,018 |
Net Operating Income | 1,970 | 10,740 |
Net Income | 1,970 | 9,676 |
Cash Dividends Declared | 129 | 16,520 |
Retained Earnings | 1,841 | 2,413 |