Desert Community Bank
Las Vegas, NV — Domestic Branch of a Domestic Bank
Acquired Jan 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Desert Community Bank | All Insured Commercial Banks in Nevada |
Interest and Fees on Loans | 5,388 | 1,213,819 |
Income from Lease Financing Receivables | — | 48,732 |
— | 21,055 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | — |
Income on Loans and Leases (TE) | 5,388 | 1,219,236 |
Investment Interest Income (TE) | 23 | 328,428 |
Total Interest Income (TE) | 5,424 | 39,656 |
Total Interest Expense | 1,772 | 7,626 |
Net Interest Income (TE) | 3,652 | 32,030 |
Non-Interest Income | — | 515,083 |
Adjusted Operating Income (TE) | 3,391 | 59,991 |
Non-interest Expense | 3,232 | 44,864 |
Provision for Loan & Lease Losses | 4,414 | 1,001,047 |
Pretax Operating Income (TE) | — | 98,300 |
Pretax Net Operating Income (TE) | — | 91,108 |
Applicable Income Taxes | — | 4,141 |
Net Operating Income | — | 88,595 |
Net Income | — | 88,595 |
Cash Dividends Declared | — | 37,397 |
Retained Earnings | — | 33,079 |