Ambank
Silver City, NM — Domestic Branch of a Domestic Bank
Acquired Nov 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Ambank | All Insured Commercial Banks in New Mexico |
Interest and Fees on Loans | 2,722 | 6,449 |
Income from Lease Financing Receivables | — | 3 |
— | 13 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 6 |
Income on Loans and Leases (TE) | 2,722 | 6,474 |
Investment Interest Income (TE) | 886 | 1,734 |
Total Interest Income (TE) | 3,618 | 8,548 |
Total Interest Expense | 129 | 624 |
Net Interest Income (TE) | 3,489 | 7,907 |
Non-Interest Income | 839 | 1,833 |
Adjusted Operating Income (TE) | 4,328 | 9,774 |
Non-interest Expense | 3,396 | 6,920 |
Provision for Loan & Lease Losses | 91 | 147 |
Pretax Operating Income (TE) | 841 | 2,477 |
Pretax Net Operating Income (TE) | 841 | 2,507 |
Applicable Income Taxes | — | 120 |
Net Operating Income | 653 | 2,143 |
Net Income | 653 | 2,132 |
Cash Dividends Declared | 475 | 1,241 |
Retained Earnings | 178 | 702 |