Colorado East Bank & Trust
Lamar, CO — Domestic Branch of a Domestic Bank
Acquired Aug 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Colorado East Bank & Trust | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 12,962 | 5,547 |
Income from Lease Financing Receivables | 33 | 8 |
— | 33 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 17 |
Income on Loans and Leases (TE) | 12,995 | 5,581 |
Investment Interest Income (TE) | 1,541 | 911 |
Total Interest Income (TE) | 14,664 | 6,631 |
Total Interest Expense | 961 | 424 |
Net Interest Income (TE) | 13,703 | 6,157 |
Non-Interest Income | 1,320 | 1,887 |
Adjusted Operating Income (TE) | 15,023 | 8,453 |
Non-interest Expense | 12,725 | 5,935 |
Provision for Loan & Lease Losses | 628 | 119 |
Pretax Operating Income (TE) | 1,670 | 2,257 |
Pretax Net Operating Income (TE) | 1,670 | 2,319 |
Applicable Income Taxes | -994 | 300 |
Net Operating Income | 2,333 | 1,796 |
Net Income | 2,333 | 1,796 |
Cash Dividends Declared | 5,375 | 690 |
Retained Earnings | -3,042 | 993 |