Arrowhead Community Bank
Glendale, AZ — Domestic Branch of a Domestic Bank
Acquired Dec 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Arrowhead Community Bank | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | 2,557 | 6,009 |
Income from Lease Financing Receivables | — | 2,968 |
— | 103 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | — |
Income on Loans and Leases (TE) | 2,557 | 6,026 |
Investment Interest Income (TE) | 32 | 1,233 |
Total Interest Income (TE) | 2,630 | 6,793 |
Total Interest Expense | 904 | 2,446 |
Net Interest Income (TE) | 1,726 | 4,357 |
Non-Interest Income | 466 | 1,722 |
Adjusted Operating Income (TE) | 2,192 | 9,913 |
Non-interest Expense | 2,668 | 5,448 |
Provision for Loan & Lease Losses | 7,141 | 3,665 |
Pretax Operating Income (TE) | — | 925 |
Pretax Net Operating Income (TE) | — | 845 |
Applicable Income Taxes | 583 | 769 |
Net Operating Income | — | 568 |
Net Income | — | 568 |
Cash Dividends Declared | — | 600 |
Retained Earnings | — | 579 |