Community Central Bank
Mount Clemens, MI — Non-member Bank
Acquired Apr 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Community Central Bank | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 5,033 | 2,573 |
Income from Lease Financing Receivables | — | 0 |
— | 9 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 4 |
Income on Loans and Leases (TE) | 5,033 | 2,579 |
Investment Interest Income (TE) | 277 | 273 |
Total Interest Income (TE) | 5,363 | 2,930 |
Total Interest Expense | 2,377 | 625 |
Net Interest Income (TE) | 2,986 | 2,282 |
Non-Interest Income | 465 | 494 |
Adjusted Operating Income (TE) | 3,451 | 2,852 |
Non-interest Expense | 4,556 | 2,099 |
Provision for Loan & Lease Losses | 6,650 | 343 |
Pretax Operating Income (TE) | -7,755 | 375 |
Pretax Net Operating Income (TE) | -7,755 | 377 |
Applicable Income Taxes | — | 65 |
Net Operating Income | -7,755 | 276 |
Net Income | -7,755 | 277 |
Cash Dividends Declared | — | 94 |
Retained Earnings | -7,755 | 130 |