Citizens Bank
Velma, OK — Domestic Branch of a Domestic Bank
Acquired Jun 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citizens Bank | All Insured Commercial Banks in Oklahoma |
Interest and Fees on Loans | 307 | 1,566 |
Income from Lease Financing Receivables | — | 78 |
— | 26 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
Income on Loans and Leases (TE) | 307 | 1,577 |
Investment Interest Income (TE) | 24 | 393 |
Total Interest Income (TE) | 344 | 2,029 |
Total Interest Expense | 79 | 780 |
Net Interest Income (TE) | 265 | 1,240 |
Non-Interest Income | 36 | 312 |
Adjusted Operating Income (TE) | 301 | 1,550 |
Non-interest Expense | 226 | 990 |
Provision for Loan & Lease Losses | 5 | 303 |
Pretax Operating Income (TE) | 70 | 771 |
Pretax Net Operating Income (TE) | 70 | 706 |
Applicable Income Taxes | — | 780 |
Net Operating Income | 68 | 615 |
Net Income | 68 | 615 |
Cash Dividends Declared | — | 710 |
Retained Earnings | 68 | 612 |