Citizens Financial Bank
Munster, IN — Domestic Branch of a Domestic Bank
Acquired Nov 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citizens Financial Bank | All Insured Savings Banks in Indiana |
Interest and Fees on Loans | 23,571 | 5,255 |
Income from Lease Financing Receivables | — | 8 |
1 | 11 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1 | 5 |
Income on Loans and Leases (TE) | 23,572 | 5,283 |
Investment Interest Income (TE) | 4,703 | 1,033 |
Total Interest Income (TE) | 28,652 | 6,402 |
Total Interest Expense | 3,368 | 1,011 |
Net Interest Income (TE) | 25,284 | 5,391 |
Non-Interest Income | 7,177 | 1,460 |
Adjusted Operating Income (TE) | 32,461 | 6,848 |
Non-interest Expense | 26,522 | 5,051 |
Provision for Loan & Lease Losses | 3,361 | 370 |
Pretax Operating Income (TE) | 2,578 | 1,313 |
Pretax Net Operating Income (TE) | 4,513 | 1,466 |
Applicable Income Taxes | 896 | 371 |
Net Operating Income | 3,575 | 991 |
Net Income | 3,575 | 991 |
Cash Dividends Declared | — | 305 |
Retained Earnings | 3,575 | 702 |