Country Bank
Prescott, AZ — Domestic Branch of a Domestic Bank
Acquired Aug 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Country Bank | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | 3,054 | 21,231 |
Income from Lease Financing Receivables | — | 158 |
— | 943 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 507 |
Income on Loans and Leases (TE) | 3,054 | 21,896 |
Investment Interest Income (TE) | 329 | 2,194 |
Total Interest Income (TE) | 3,607 | 24,321 |
Total Interest Expense | 101 | 1,307 |
Net Interest Income (TE) | 3,506 | 23,015 |
Non-Interest Income | 468 | 4,518 |
Adjusted Operating Income (TE) | 3,974 | 27,533 |
Non-interest Expense | 2,740 | 14,740 |
Provision for Loan & Lease Losses | — | 525 |
Pretax Operating Income (TE) | 1,234 | 12,268 |
Pretax Net Operating Income (TE) | 1,234 | 12,307 |
Applicable Income Taxes | — | 3,251 |
Net Operating Income | 1,234 | 8,307 |
Net Income | 1,234 | 8,307 |
Cash Dividends Declared | 1,133 | 315 |
Retained Earnings | 101 | 7,992 |