Cornerbank
Winfield, KS — Domestic Branch of a Domestic Bank
Acquired Jul 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Cornerbank | All Insured Commercial Banks in Kansas |
Interest and Fees on Loans | 3,875 | 2,341 |
Income from Lease Financing Receivables | 82 | 9 |
41 | 11 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 21 | 5 |
Income on Loans and Leases (TE) | 3,978 | 2,368 |
Investment Interest Income (TE) | 1,039 | 538 |
Total Interest Income (TE) | 5,035 | 3,003 |
Total Interest Expense | 399 | 294 |
Net Interest Income (TE) | 4,636 | 2,685 |
Non-Interest Income | 1,410 | 514 |
Adjusted Operating Income (TE) | 6,046 | 3,274 |
Non-interest Expense | 5,043 | 2,070 |
Provision for Loan & Lease Losses | 36 | 68 |
Pretax Operating Income (TE) | 967 | 1,085 |
Pretax Net Operating Income (TE) | 2,008 | 1,122 |
Applicable Income Taxes | 50 | 137 |
Net Operating Income | 1,766 | 855 |
Net Income | 1,766 | 855 |
Cash Dividends Declared | 320 | 412 |
Retained Earnings | 1,446 | 400 |