Benefit Bank
Fort Smith, AR — Domestic Branch of a Domestic Bank
Acquired May 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Benefit Bank | All Insured Commercial Banks in Arkansas |
Interest and Fees on Loans | 1,865 | 2,432 |
Income from Lease Financing Receivables | — | 0 |
— | 6 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 1,865 | 2,436 |
Investment Interest Income (TE) | 23 | 411 |
Total Interest Income (TE) | 1,891 | 2,865 |
Total Interest Expense | 239 | 311 |
Net Interest Income (TE) | 1,652 | 2,554 |
Non-Interest Income | 565 | 734 |
Adjusted Operating Income (TE) | 2,217 | 3,450 |
Non-interest Expense | 1,656 | 2,382 |
Provision for Loan & Lease Losses | -97 | 67 |
Pretax Operating Income (TE) | 658 | 990 |
Pretax Net Operating Income (TE) | 658 | 998 |
Applicable Income Taxes | — | 177 |
Net Operating Income | 658 | 748 |
Net Income | 658 | 748 |
Cash Dividends Declared | — | 247 |
Retained Earnings | 658 | 424 |