Bank Of Auburn Hills
Auburn Hills, MI — Domestic Branch of a Domestic Bank
Acquired Mar 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Auburn Hills | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 2,109 | 11,167 |
Income from Lease Financing Receivables | — | 368 |
— | 153 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 60 |
Income on Loans and Leases (TE) | 2,109 | 11,195 |
Investment Interest Income (TE) | — | 1,847 |
Total Interest Income (TE) | 2,119 | 12,162 |
Total Interest Expense | 1,025 | 4,360 |
Net Interest Income (TE) | 1,094 | 8,051 |
Non-Interest Income | — | 3,376 |
Adjusted Operating Income (TE) | 936 | 10,045 |
Non-interest Expense | 1,941 | 7,928 |
Provision for Loan & Lease Losses | 1,898 | 5,076 |
Pretax Operating Income (TE) | — | 2,123 |
Pretax Net Operating Income (TE) | — | 2,265 |
Applicable Income Taxes | 1,035 | 721 |
Net Operating Income | — | 1,566 |
Net Income | — | 1,532 |
Cash Dividends Declared | — | 1,003 |
Retained Earnings | — | 951 |