Elkhart Community Bank
Elkhart, IN — Domestic Branch of a Domestic Bank
Acquired Mar 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Elkhart Community Bank | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 4,298 | 14,710 |
Income from Lease Financing Receivables | — | 1,819 |
— | 530 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 301 |
Income on Loans and Leases (TE) | 4,298 | 14,954 |
Investment Interest Income (TE) | 18 | 2,976 |
Total Interest Income (TE) | 4,349 | 17,905 |
Total Interest Expense | 2,033 | 5,648 |
Net Interest Income (TE) | 2,316 | 12,108 |
Non-Interest Income | — | 3,934 |
Adjusted Operating Income (TE) | 2,236 | 15,862 |
Non-interest Expense | 2,430 | 10,644 |
Provision for Loan & Lease Losses | 3,548 | 3,758 |
Pretax Operating Income (TE) | — | 4,582 |
Pretax Net Operating Income (TE) | — | 4,228 |
Applicable Income Taxes | — | 1,947 |
Net Operating Income | — | 3,004 |
Net Income | — | 3,038 |
Cash Dividends Declared | — | 3,005 |
Retained Earnings | — | 1,244 |