Central Arizona Bank
Scottsdale, AZ — Non-member Bank
Acquired May 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Central Arizona Bank | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | 283 | 2,851 |
Income from Lease Financing Receivables | — | 2 |
— | 5 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 283 | 2,884 |
Investment Interest Income (TE) | — | 289 |
Total Interest Income (TE) | 288 | 3,239 |
Total Interest Expense | 37 | 282 |
Net Interest Income (TE) | 251 | 2,940 |
Non-Interest Income | 23 | 922 |
Adjusted Operating Income (TE) | 274 | 3,959 |
Non-interest Expense | 526 | 2,794 |
Provision for Loan & Lease Losses | -200 | 115 |
Pretax Operating Income (TE) | -52 | 986 |
Pretax Net Operating Income (TE) | -52 | 1,041 |
Applicable Income Taxes | — | 340 |
Net Operating Income | -52 | 673 |
Net Income | -52 | 673 |
Cash Dividends Declared | — | 128 |
Retained Earnings | -52 | 533 |