America West Bank
Layton, UT — Non-member Bank
Acquired May 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | America West Bank | All Insured Commercial Banks in Utah |
Interest and Fees on Loans | 3,947 | 38,160 |
Income from Lease Financing Receivables | — | 4,555 |
— | 471 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 120 |
Income on Loans and Leases (TE) | 3,947 | 38,388 |
Investment Interest Income (TE) | 323 | 3,793 |
Total Interest Income (TE) | 4,281 | 28,693 |
Total Interest Expense | 2,749 | 12,182 |
Net Interest Income (TE) | 1,532 | 19,399 |
Non-Interest Income | — | 28,536 |
Adjusted Operating Income (TE) | — | 36,160 |
Non-interest Expense | 2,174 | 14,397 |
Provision for Loan & Lease Losses | 15,297 | 21,022 |
Pretax Operating Income (TE) | — | 40,475 |
Pretax Net Operating Income (TE) | — | 40,584 |
Applicable Income Taxes | — | 18,556 |
Net Operating Income | — | 24,360 |
Net Income | — | 24,360 |
Cash Dividends Declared | — | 4,063 |
Retained Earnings | — | 26,709 |