Connection Bank
Fort Madison, IA — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Connection Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 7,436 | 6,128 |
Income from Lease Financing Receivables | — | 1 |
104 | 47 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 54 | 23 |
Income on Loans and Leases (TE) | 7,490 | 6,162 |
Investment Interest Income (TE) | 1,079 | 1,177 |
Total Interest Income (TE) | 8,795 | 7,538 |
Total Interest Expense | 848 | 925 |
Net Interest Income (TE) | 7,947 | 6,587 |
Non-Interest Income | 4,056 | 1,176 |
Adjusted Operating Income (TE) | 12,003 | 7,798 |
Non-interest Expense | 9,141 | 4,586 |
Provision for Loan & Lease Losses | 262 | 208 |
Pretax Operating Income (TE) | 2,600 | 2,901 |
Pretax Net Operating Income (TE) | 2,593 | 2,963 |
Applicable Income Taxes | 119 | 312 |
Net Operating Income | 2,358 | 2,310 |
Net Income | 2,358 | 2,310 |
Cash Dividends Declared | 1,704 | 1,248 |
Retained Earnings | 654 | 1,005 |