Cedar Valley State Bank
St. Ansgar, IA — Domestic Branch of a Domestic Bank
Acquired Oct 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Cedar Valley State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 389 | 2,664 |
Income from Lease Financing Receivables | 7 | 84 |
— | 50 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 25 |
Income on Loans and Leases (TE) | 396 | 2,682 |
Investment Interest Income (TE) | 47 | 711 |
Total Interest Income (TE) | 472 | 3,429 |
Total Interest Expense | 187 | 1,215 |
Net Interest Income (TE) | 285 | 2,209 |
Non-Interest Income | 40 | 403 |
Adjusted Operating Income (TE) | 325 | 2,627 |
Non-interest Expense | 465 | 1,521 |
Provision for Loan & Lease Losses | 37 | 221 |
Pretax Operating Income (TE) | — | 1,184 |
Pretax Net Operating Income (TE) | — | 1,213 |
Applicable Income Taxes | — | 232 |
Net Operating Income | — | 890 |
Net Income | — | 890 |
Cash Dividends Declared | — | 1,032 |
Retained Earnings | — | 588 |