Corridor State Bank
Coralville, IA — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Corridor State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 2,722 | 3,791 |
Income from Lease Financing Receivables | — | 1 |
— | 35 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15 |
Income on Loans and Leases (TE) | 2,722 | 3,815 |
Investment Interest Income (TE) | 17 | 865 |
Total Interest Income (TE) | 2,787 | 4,776 |
Total Interest Expense | 1,125 | 1,280 |
Net Interest Income (TE) | 1,662 | 3,485 |
Non-Interest Income | -73 | 576 |
Adjusted Operating Income (TE) | 1,589 | 4,059 |
Non-interest Expense | 1,518 | 2,407 |
Provision for Loan & Lease Losses | 1,342 | 330 |
Pretax Operating Income (TE) | -1,271 | 1,268 |
Pretax Net Operating Income (TE) | -1,271 | 1,298 |
Applicable Income Taxes | — | 134 |
Net Operating Income | -1,271 | 996 |
Net Income | -1,271 | 996 |
Cash Dividends Declared | — | 426 |
Retained Earnings | -1,271 | 541 |