Citizens State Bank
Oakland, IA — Domestic Branch of a Domestic Bank
Acquired Jun 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citizens State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 1,359 | 1,272 |
Income from Lease Financing Receivables | — | 76 |
— | 24 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 1,359 | 1,279 |
Investment Interest Income (TE) | 87 | 293 |
Total Interest Income (TE) | 1,457 | 1,583 |
Total Interest Expense | 738 | 747 |
Net Interest Income (TE) | 719 | 834 |
Non-Interest Income | 63 | 155 |
Adjusted Operating Income (TE) | 782 | 989 |
Non-interest Expense | 327 | 616 |
Provision for Loan & Lease Losses | 30 | 79 |
Pretax Operating Income (TE) | 425 | 478 |
Pretax Net Operating Income (TE) | 425 | 495 |
Applicable Income Taxes | 21 | 92 |
Net Operating Income | 388 | 381 |
Net Income | 388 | 381 |
Cash Dividends Declared | 400 | 416 |
Retained Earnings | — | 255 |