Bank Independent
Sheffield, AL — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Independent | All Insured Commercial Banks in Alabama |
Interest and Fees on Loans | 63,451 | 8,354 |
Income from Lease Financing Receivables | — | 0 |
17 | 61 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 9 | 30 |
Income on Loans and Leases (TE) | 63,460 | 8,404 |
Investment Interest Income (TE) | 1,292 | 1,854 |
Total Interest Income (TE) | 65,267 | 10,667 |
Total Interest Expense | 3,463 | 1,209 |
Net Interest Income (TE) | 61,804 | 9,419 |
Non-Interest Income | 15,204 | 1,915 |
Adjusted Operating Income (TE) | 77,008 | 11,331 |
Non-interest Expense | 56,259 | 7,466 |
Provision for Loan & Lease Losses | 3,989 | 339 |
Pretax Operating Income (TE) | 16,760 | 3,581 |
Pretax Net Operating Income (TE) | 16,760 | 3,690 |
Applicable Income Taxes | 4,865 | 694 |
Net Operating Income | 11,754 | 2,603 |
Net Income | 11,754 | 2,603 |
Cash Dividends Declared | 6,439 | 1,049 |
Retained Earnings | 5,315 | 1,520 |