American State Bank
Jonesboro, AR — Domestic Branch of a Domestic Bank
Acquired Dec 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | American State Bank | All Insured Commercial Banks in Arkansas |
Interest and Fees on Loans | 9,749 | 5,752 |
Income from Lease Financing Receivables | 1 | 305 |
— | 70 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 34 |
Income on Loans and Leases (TE) | 9,750 | 5,767 |
Investment Interest Income (TE) | 2,870 | 1,422 |
Total Interest Income (TE) | 12,677 | 7,306 |
Total Interest Expense | 5,130 | 2,361 |
Net Interest Income (TE) | 7,547 | 4,946 |
Non-Interest Income | 1,950 | 1,201 |
Adjusted Operating Income (TE) | 9,497 | 6,246 |
Non-interest Expense | 6,394 | 3,737 |
Provision for Loan & Lease Losses | 269 | 620 |
Pretax Operating Income (TE) | 2,834 | 3,823 |
Pretax Net Operating Income (TE) | 2,848 | 3,838 |
Applicable Income Taxes | 774 | 1,291 |
Net Operating Income | 1,855 | 2,640 |
Net Income | 1,855 | 2,637 |
Cash Dividends Declared | — | 2,435 |
Retained Earnings | 1,855 | 1,508 |