Csb Bank
Capac, MI — Domestic Branch of a Domestic Bank
Acquired Dec 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Csb Bank | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 4,438 | 8,023 |
Income from Lease Financing Receivables | — | 10 |
5 | 21 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 3 | 10 |
Income on Loans and Leases (TE) | 4,441 | 8,197 |
Investment Interest Income (TE) | 1,351 | 965 |
Total Interest Income (TE) | 5,881 | 9,438 |
Total Interest Expense | 276 | 757 |
Net Interest Income (TE) | 5,605 | 8,594 |
Non-Interest Income | 1,438 | 2,930 |
Adjusted Operating Income (TE) | 7,043 | 11,937 |
Non-interest Expense | 5,497 | 8,401 |
Provision for Loan & Lease Losses | — | 185 |
Pretax Operating Income (TE) | 1,546 | 3,485 |
Pretax Net Operating Income (TE) | 1,565 | 3,557 |
Applicable Income Taxes | 335 | 866 |
Net Operating Income | 1,172 | 2,519 |
Net Income | 1,172 | 2,475 |
Cash Dividends Declared | 739 | 1,055 |
Retained Earnings | 433 | 1,197 |