Ally Bank
Midvale, UT — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Ally Bank | All Insured Commercial Banks in Utah |
Interest and Fees on Loans | 3,463,840 | 144,231 |
Income from Lease Financing Receivables | 2,715 | 818 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 3,466,555 | 146,912 |
Investment Interest Income (TE) | 263,414 | 15,631 |
Total Interest Income (TE) | 3,760,082 | 170,509 |
Total Interest Expense | 1,071,754 | 9,414 |
Net Interest Income (TE) | 2,688,328 | 157,917 |
Non-Interest Income | 2,667,365 | 37,042 |
Adjusted Operating Income (TE) | 5,355,693 | 194,902 |
Non-interest Expense | 2,996,335 | 58,470 |
Provision for Loan & Lease Losses | 389,692 | 8,897 |
Pretax Operating Income (TE) | 1,969,666 | 98,475 |
Pretax Net Operating Income (TE) | 2,010,451 | 99,300 |
Applicable Income Taxes | 737,180 | 34,978 |
Net Operating Income | 1,273,271 | 63,063 |
Net Income | 1,273,271 | 63,059 |
Cash Dividends Declared | — | 20,004 |
Retained Earnings | 1,273,271 | 29,291 |