Commerce National Bank
Columbus, OH — Domestic Branch of a Domestic Bank
Acquired Sep 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Commerce National Bank | All Insured Commercial Banks in Ohio |
Interest and Fees on Loans | 17,018 | 14,313 |
Income from Lease Financing Receivables | — | 78,670 |
— | 1,907 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 899 |
Income on Loans and Leases (TE) | 17,018 | 14,707 |
Investment Interest Income (TE) | 164 | 2,842 |
Total Interest Income (TE) | 17,314 | 7,905 |
Total Interest Expense | 7,246 | 2,569 |
Net Interest Income (TE) | 10,068 | 5,339 |
Non-Interest Income | 580 | 2,237 |
Adjusted Operating Income (TE) | 10,648 | 8,854 |
Non-interest Expense | 6,594 | 4,469 |
Provision for Loan & Lease Losses | 3,399 | 137,764 |
Pretax Operating Income (TE) | 655 | 80,509 |
Pretax Net Operating Income (TE) | 659 | 86,960 |
Applicable Income Taxes | 210 | 31,770 |
Net Operating Income | 449 | 58,650 |
Net Income | 449 | 58,848 |
Cash Dividends Declared | — | 63,986 |
Retained Earnings | 449 | 23,751 |