Archer Bank
Chicago, IL — Domestic Branch of a Domestic Bank
Acquired Jun 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Archer Bank | All Insured Commercial Banks in Illinois |
Interest and Fees on Loans | 3,037 | 1,784 |
Income from Lease Financing Receivables | — | 1 |
3 | 7 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 4 |
Income on Loans and Leases (TE) | 3,037 | 1,799 |
Investment Interest Income (TE) | 448 | 317 |
Total Interest Income (TE) | 3,571 | 2,178 |
Total Interest Expense | 219 | 294 |
Net Interest Income (TE) | 3,352 | 1,875 |
Non-Interest Income | -648 | 409 |
Adjusted Operating Income (TE) | 2,704 | 2,332 |
Non-interest Expense | 5,770 | 1,624 |
Provision for Loan & Lease Losses | 417 | 136 |
Pretax Operating Income (TE) | -3,483 | 560 |
Pretax Net Operating Income (TE) | -3,482 | 591 |
Applicable Income Taxes | — | 85 |
Net Operating Income | -3,482 | 436 |
Net Income | -3,482 | 436 |
Cash Dividends Declared | — | 128 |
Retained Earnings | -3,482 | 237 |