Centennial Bank
Denver, CO — Domestic Branch of a Domestic Bank
Acquired Feb 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Centennial Bank | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 26,288 | 9,198 |
Income from Lease Financing Receivables | — | 13 |
69 | 54 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 36 | 28 |
Income on Loans and Leases (TE) | 26,324 | 9,253 |
Investment Interest Income (TE) | 2,008 | 1,628 |
Total Interest Income (TE) | 28,607 | 11,100 |
Total Interest Expense | 2,124 | 710 |
Net Interest Income (TE) | 26,483 | 10,355 |
Non-Interest Income | 2,654 | 3,083 |
Adjusted Operating Income (TE) | 29,137 | 14,212 |
Non-interest Expense | 20,440 | 10,155 |
Provision for Loan & Lease Losses | 6,133 | 180 |
Pretax Operating Income (TE) | 2,564 | 3,873 |
Pretax Net Operating Income (TE) | 2,834 | 3,961 |
Applicable Income Taxes | 610 | 493 |
Net Operating Income | 2,112 | 3,088 |
Net Income | 2,112 | 3,089 |
Cash Dividends Declared | — | 1,547 |
Retained Earnings | 2,112 | 1,404 |