Bank Of Tucson
Tucson, AZ — Domestic Branch of a Domestic Bank
Acquired Jan 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Tucson | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | 11,302 | 10,453 |
Income from Lease Financing Receivables | — | 120 |
— | 9 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 11,302 | 10,954 |
Investment Interest Income (TE) | 12 | 1,190 |
Total Interest Income (TE) | 11,434 | 12,443 |
Total Interest Expense | 1,043 | 2,657 |
Net Interest Income (TE) | 10,391 | 9,621 |
Non-Interest Income | 308 | 1,742 |
Adjusted Operating Income (TE) | 10,699 | 11,641 |
Non-interest Expense | 6,074 | 11,524 |
Provision for Loan & Lease Losses | 2,105 | 3,772 |
Pretax Operating Income (TE) | 2,520 | -3,503 |
Pretax Net Operating Income (TE) | 2,520 | -3,316 |
Applicable Income Taxes | 959 | 19 |
Net Operating Income | 1,561 | -3,187 |
Net Income | 1,561 | -3,216 |
Cash Dividends Declared | 5,000 | 23 |
Retained Earnings | -3,439 | -3,378 |