This excerpt taken from the TBHS 10-K filed Apr 2, 2007.
Non-earning assets are those assets that by their characteristics do not generate interest income for the
Company. Generally speaking, a financial institution would prefer to minimize such assets, which are primarily composed of cash and due from balances, premises and equipment, bank owned life insurance, intangibles and other assets. At December 31, 2006, 2005 and December 31, 2004 such assets totaled about $74 million, $19.0 million and $19.0 million, respectively and represented approximately 11%, 5% and 6% of total assets, respectively. This total is comprised of $31 million goodwill, $15 million cash and due from banks, $12 million bank owned life insurance, $8 million in property and equipment, $3 million in accrued interest receivable and $5 million in other assets.