Bank Of Choice
Greeley, CO — Non-member Bank
Acquired Jul 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Choice | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 16,455 | 4,284 |
Income from Lease Financing Receivables | 30 | 6 |
16 | 16 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 6 |
Income on Loans and Leases (TE) | 16,485 | 4,301 |
Investment Interest Income (TE) | 2,446 | 851 |
Total Interest Income (TE) | 19,289 | 5,215 |
Total Interest Expense | 7,309 | 934 |
Net Interest Income (TE) | 11,980 | 4,210 |
Non-Interest Income | 745 | 931 |
Adjusted Operating Income (TE) | 12,725 | 5,245 |
Non-interest Expense | 17,792 | 4,274 |
Provision for Loan & Lease Losses | 9,935 | 693 |
Pretax Operating Income (TE) | -15,002 | 582 |
Pretax Net Operating Income (TE) | -14,911 | 654 |
Applicable Income Taxes | — | 100 |
Net Operating Income | -14,911 | 507 |
Net Income | -14,911 | 507 |
Cash Dividends Declared | — | 145 |
Retained Earnings | -14,911 | 264 |