Armstrong Bank
Muskogee, OK — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Armstrong Bank | All Insured Commercial Banks in Oklahoma |
Interest and Fees on Loans | 40,226 | 7,418 |
Income from Lease Financing Receivables | 348 | 18 |
551 | 37 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 295 | 19 |
Income on Loans and Leases (TE) | 40,869 | 7,480 |
Investment Interest Income (TE) | 6,121 | 972 |
Total Interest Income (TE) | 47,149 | 8,661 |
Total Interest Expense | 2,522 | 749 |
Net Interest Income (TE) | 44,627 | 7,866 |
Non-Interest Income | 13,966 | 1,736 |
Adjusted Operating Income (TE) | 58,593 | 9,962 |
Non-interest Expense | 33,797 | 6,544 |
Provision for Loan & Lease Losses | 3,501 | 343 |
Pretax Operating Income (TE) | 21,295 | 2,979 |
Pretax Net Operating Income (TE) | 21,869 | 3,057 |
Applicable Income Taxes | — | 104 |
Net Operating Income | 19,489 | 2,672 |
Net Income | 19,489 | 2,672 |
Cash Dividends Declared | 8,879 | 1,602 |
Retained Earnings | 10,610 | 1,026 |