Bank 1440
Phoenix, AZ — Domestic Branch of a Domestic Bank
Acquired Aug 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank 1440 | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | 1,884 | 7,917 |
Income from Lease Financing Receivables | — | 13 |
— | 27 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
Income on Loans and Leases (TE) | 1,884 | 7,942 |
Investment Interest Income (TE) | 347 | 842 |
Total Interest Income (TE) | 2,256 | 8,926 |
Total Interest Expense | 313 | 528 |
Net Interest Income (TE) | 1,943 | 8,398 |
Non-Interest Income | 36 | 2,015 |
Adjusted Operating Income (TE) | 1,979 | 10,563 |
Non-interest Expense | 1,760 | 8,464 |
Provision for Loan & Lease Losses | — | 26 |
Pretax Operating Income (TE) | 219 | 2,718 |
Pretax Net Operating Income (TE) | 219 | 2,757 |
Applicable Income Taxes | — | 841 |
Net Operating Income | 219 | 2,005 |
Net Income | 219 | 2,005 |
Cash Dividends Declared | — | 46 |
Retained Earnings | 219 | 1,959 |