East Valley Community Bank
Chandler, AZ — Domestic Branch of a Domestic Bank
Acquired Jan 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | East Valley Community Bank | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | 2,802 | 17,900 |
Income from Lease Financing Receivables | — | 1,250 |
— | 176 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 87 |
Income on Loans and Leases (TE) | 2,802 | 18,071 |
Investment Interest Income (TE) | 3 | 1,863 |
Total Interest Income (TE) | 2,934 | 15,550 |
Total Interest Expense | 1,071 | 9,316 |
Net Interest Income (TE) | 1,863 | 10,050 |
Non-Interest Income | 268 | 5,232 |
Adjusted Operating Income (TE) | 2,131 | 12,189 |
Non-interest Expense | 1,521 | 8,415 |
Provision for Loan & Lease Losses | — | 1,238 |
Pretax Operating Income (TE) | 786 | 9,717 |
Pretax Net Operating Income (TE) | 786 | 9,490 |
Applicable Income Taxes | 272 | 3,346 |
Net Operating Income | 514 | 6,564 |
Net Income | 514 | 6,564 |
Cash Dividends Declared | — | 4,589 |
Retained Earnings | 514 | 4,402 |