Cornerstone Bank
Clarinda, IA — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Cornerstone Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 1,185 | 6,128 |
Income from Lease Financing Receivables | — | 1 |
— | 47 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 23 |
Income on Loans and Leases (TE) | 1,185 | 6,162 |
Investment Interest Income (TE) | 48 | 1,177 |
Total Interest Income (TE) | 1,377 | 7,538 |
Total Interest Expense | 183 | 925 |
Net Interest Income (TE) | 1,194 | 6,587 |
Non-Interest Income | 131 | 1,176 |
Adjusted Operating Income (TE) | 1,325 | 7,798 |
Non-interest Expense | 1,207 | 4,586 |
Provision for Loan & Lease Losses | — | 208 |
Pretax Operating Income (TE) | 118 | 2,901 |
Pretax Net Operating Income (TE) | 130 | 2,963 |
Applicable Income Taxes | 25 | 312 |
Net Operating Income | 99 | 2,310 |
Net Income | 99 | 2,310 |
Cash Dividends Declared | — | 1,248 |
Retained Earnings | 99 | 1,005 |