F&M Bank-Iowa Central
Marshalltown, IA — Domestic Branch of a Domestic Bank
Acquired Apr 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | F&M Bank-Iowa Central | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 1,910 | 1,259 |
Income from Lease Financing Receivables | — | 92 |
82 | 31 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 39 | 16 |
Income on Loans and Leases (TE) | 1,949 | 1,268 |
Investment Interest Income (TE) | 1,931 | 322 |
Total Interest Income (TE) | 3,980 | 1,582 |
Total Interest Expense | 1,459 | 443 |
Net Interest Income (TE) | 2,521 | 1,136 |
Non-Interest Income | 918 | 179 |
Adjusted Operating Income (TE) | 3,439 | 1,315 |
Non-interest Expense | 2,161 | 789 |
Provision for Loan & Lease Losses | 245 | 294 |
Pretax Operating Income (TE) | 1,033 | 409 |
Pretax Net Operating Income (TE) | 1,033 | 418 |
Applicable Income Taxes | — | 89 |
Net Operating Income | 857 | 321 |
Net Income | 857 | 321 |
Cash Dividends Declared | — | 392 |
Retained Earnings | 857 | 193 |