Bank Iowa
Altoona, IA — Domestic Branch of a Domestic Bank
Acquired Mar 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Iowa | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 6,535 | 5,035 |
Income from Lease Financing Receivables | — | 1 |
— | 47 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 21 |
Income on Loans and Leases (TE) | 6,535 | 5,068 |
Investment Interest Income (TE) | 300 | 1,142 |
Total Interest Income (TE) | 6,941 | 6,342 |
Total Interest Expense | 2,643 | 1,660 |
Net Interest Income (TE) | 4,298 | 4,668 |
Non-Interest Income | 1,223 | 787 |
Adjusted Operating Income (TE) | 5,521 | 5,464 |
Non-interest Expense | 4,368 | 3,264 |
Provision for Loan & Lease Losses | 4,630 | 457 |
Pretax Operating Income (TE) | -3,477 | 1,682 |
Pretax Net Operating Income (TE) | -3,477 | 1,728 |
Applicable Income Taxes | -176 | 171 |
Net Operating Income | -3,301 | 1,330 |
Net Income | -3,301 | 1,330 |
Cash Dividends Declared | — | 665 |
Retained Earnings | -3,301 | 626 |