Farmers Exchange Bank
Cherokee, OK — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Farmers Exchange Bank | All Insured Commercial Banks in Oklahoma |
Interest and Fees on Loans | 13,116 | 7,418 |
Income from Lease Financing Receivables | 398 | 18 |
195 | 37 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 99 | 19 |
Income on Loans and Leases (TE) | 13,613 | 7,480 |
Investment Interest Income (TE) | 2,270 | 972 |
Total Interest Income (TE) | 15,959 | 8,661 |
Total Interest Expense | 1,226 | 749 |
Net Interest Income (TE) | 14,733 | 7,866 |
Non-Interest Income | 904 | 1,736 |
Adjusted Operating Income (TE) | 15,637 | 9,962 |
Non-interest Expense | 5,777 | 6,544 |
Provision for Loan & Lease Losses | 2,814 | 343 |
Pretax Operating Income (TE) | 7,046 | 2,979 |
Pretax Net Operating Income (TE) | 7,118 | 3,057 |
Applicable Income Taxes | — | 104 |
Net Operating Income | 6,323 | 2,672 |
Net Income | 6,323 | 2,672 |
Cash Dividends Declared | 4,385 | 1,602 |
Retained Earnings | 1,938 | 1,026 |