Edgewater Bank
Saint Joseph, MI — Federal Savings Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Edgewater Bank | All Insured Savings Banks in Michigan |
Interest and Fees on Loans | 5,013 | 45,618 |
Income from Lease Financing Receivables | — | 34 |
— | 22 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 11 |
Income on Loans and Leases (TE) | 5,013 | 45,663 |
Investment Interest Income (TE) | 138 | 7,154 |
Total Interest Income (TE) | 5,236 | 53,741 |
Total Interest Expense | 646 | 9,720 |
Net Interest Income (TE) | 4,590 | 44,021 |
Non-Interest Income | 876 | 45,416 |
Adjusted Operating Income (TE) | 5,466 | 89,437 |
Non-interest Expense | 4,810 | 57,756 |
Provision for Loan & Lease Losses | 183 | -740 |
Pretax Operating Income (TE) | 473 | 32,421 |
Pretax Net Operating Income (TE) | 473 | 32,822 |
Applicable Income Taxes | 23 | 11,329 |
Net Operating Income | 450 | 21,424 |
Net Income | 450 | 21,424 |
Cash Dividends Declared | — | 19,867 |
Retained Earnings | 450 | 1,558 |