Bank Of Choice
Colorado Springs, CO — Domestic Branch of a Domestic Bank
Acquired Sep 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Choice | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 14,814 | 7,333 |
Income from Lease Financing Receivables | — | 86 |
— | 75 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 37 |
Income on Loans and Leases (TE) | 14,814 | 7,363 |
Investment Interest Income (TE) | 1,041 | 2,645 |
Total Interest Income (TE) | 16,677 | 7,584 |
Total Interest Expense | 10,809 | 2,811 |
Net Interest Income (TE) | 5,868 | 4,673 |
Non-Interest Income | 1,288 | 1,441 |
Adjusted Operating Income (TE) | 7,156 | 6,117 |
Non-interest Expense | 7,013 | 3,922 |
Provision for Loan & Lease Losses | 433 | 942 |
Pretax Operating Income (TE) | — | 2,918 |
Pretax Net Operating Income (TE) | 213 | 2,938 |
Applicable Income Taxes | — | 1,034 |
Net Operating Income | 264 | 2,013 |
Net Income | 264 | 2,011 |
Cash Dividends Declared | — | 1,931 |
Retained Earnings | 264 | 1,004 |