Chemical Bank
Midland, MI — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Chemical Bank | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 383,537 | 10,938 |
Income from Lease Financing Receivables | 8 | 10 |
2,778 | 29 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1,494 | 15 |
Income on Loans and Leases (TE) | 385,039 | 11,173 |
Investment Interest Income (TE) | 29,920 | 1,280 |
Total Interest Income (TE) | 418,487 | 12,846 |
Total Interest Expense | 27,492 | 1,055 |
Net Interest Income (TE) | 390,995 | 11,693 |
Non-Interest Income | 126,104 | 4,070 |
Adjusted Operating Income (TE) | 517,099 | 16,296 |
Non-interest Expense | 311,613 | 11,085 |
Provision for Loan & Lease Losses | 14,875 | 218 |
Pretax Operating Income (TE) | 190,611 | 4,891 |
Pretax Net Operating Income (TE) | 190,740 | 4,954 |
Applicable Income Taxes | 53,562 | 1,175 |
Net Operating Income | 129,062 | 3,652 |
Net Income | 129,062 | 3,589 |
Cash Dividends Declared | 110,450 | 1,687 |
Retained Earnings | 18,612 | 1,748 |