Williamsburg First National Bank
Kingstree, SC — National Bank
Acquired Jul 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Williamsburg First National Bank | All Insured Commercial Banks in South Carolina |
Interest and Fees on Loans | 1,928 | 6,726 |
Income from Lease Financing Receivables | — | 0 |
1 | 12 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 1,928 | 6,730 |
Investment Interest Income (TE) | 660 | 1,169 |
Total Interest Income (TE) | 2,614 | 7,930 |
Total Interest Expense | 1,149 | 2,645 |
Net Interest Income (TE) | 1,465 | 5,289 |
Non-Interest Income | 599 | 1,250 |
Adjusted Operating Income (TE) | 2,064 | 6,537 |
Non-interest Expense | 2,672 | 5,048 |
Provision for Loan & Lease Losses | 3,051 | 2,421 |
Pretax Operating Income (TE) | -3,659 | -465 |
Pretax Net Operating Income (TE) | -3,330 | -278 |
Applicable Income Taxes | — | 24 |
Net Operating Income | -3,330 | -288 |
Net Income | -3,330 | -288 |
Cash Dividends Declared | — | 58 |
Retained Earnings | -3,330 | -360 |