Bank Of The Lakes, National Association
Owasso, OK — Domestic Branch of a Domestic Bank
Acquired Mar 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of The Lakes, National Association | All Insured Commercial Banks in Oklahoma |
Interest and Fees on Loans | 6,654 | 5,868 |
Income from Lease Financing Receivables | — | 15 |
— | 32 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15 |
Income on Loans and Leases (TE) | 6,654 | 5,929 |
Investment Interest Income (TE) | 317 | 956 |
Total Interest Income (TE) | 7,058 | 7,037 |
Total Interest Expense | 1,355 | 741 |
Net Interest Income (TE) | 5,703 | 6,250 |
Non-Interest Income | 868 | 1,404 |
Adjusted Operating Income (TE) | 6,571 | 7,836 |
Non-interest Expense | 7,064 | 5,150 |
Provision for Loan & Lease Losses | 2,337 | 252 |
Pretax Operating Income (TE) | -2,830 | 2,311 |
Pretax Net Operating Income (TE) | -2,744 | 2,328 |
Applicable Income Taxes | — | 64 |
Net Operating Income | -2,744 | 2,029 |
Net Income | -2,744 | 2,022 |
Cash Dividends Declared | — | 1,315 |
Retained Earnings | -2,744 | 720 |