Citibank Usa, National Association
Sioux Falls, SD — National Bank
Acquired Oct 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citibank Usa, National Association | All Insured Commercial Banks in South Dakota |
Interest and Fees on Loans | 421,558 | 6,537 |
Income from Lease Financing Receivables | — | 11,032 |
— | 699 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 346 |
Income on Loans and Leases (TE) | 421,558 | 6,588 |
Investment Interest Income (TE) | 3 | 925 |
Total Interest Income (TE) | 422,543 | 7,781 |
Total Interest Expense | 162,126 | 2,766 |
Net Interest Income (TE) | 260,417 | 4,849 |
Non-Interest Income | 791,248 | 1,501 |
Adjusted Operating Income (TE) | 1,051,665 | 6,470 |
Non-interest Expense | 621,346 | 3,632 |
Provision for Loan & Lease Losses | 102,860 | 20,044 |
Pretax Operating Income (TE) | 327,459 | 2,321 |
Pretax Net Operating Income (TE) | 327,459 | 2,316 |
Applicable Income Taxes | 114,513 | 37,921 |
Net Operating Income | 212,946 | 1,730 |
Net Income | 212,946 | 1,730 |
Cash Dividends Declared | 125,000 | 33,546 |
Retained Earnings | 87,946 | 45,901 |