Farmers & Merchants State Bank
Boise, ID — Domestic Branch of a Domestic Bank
Acquired Apr 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Farmers & Merchants State Bank | All Insured Commercial Banks in Idaho |
Interest and Fees on Loans | 9,530 | 5,219 |
Income from Lease Financing Receivables | — | 17 |
32 | 23 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 15 | 12 |
Income on Loans and Leases (TE) | 9,545 | 5,230 |
Investment Interest Income (TE) | 1,145 | 649 |
Total Interest Income (TE) | 10,713 | 5,970 |
Total Interest Expense | 3,160 | 1,603 |
Net Interest Income (TE) | 7,553 | 4,367 |
Non-Interest Income | 1,459 | 825 |
Adjusted Operating Income (TE) | 9,012 | 5,192 |
Non-interest Expense | 4,921 | 2,958 |
Provision for Loan & Lease Losses | 600 | 226 |
Pretax Operating Income (TE) | 3,491 | 2,214 |
Pretax Net Operating Income (TE) | 3,491 | 2,214 |
Applicable Income Taxes | 1,297 | 848 |
Net Operating Income | 2,161 | 1,386 |
Net Income | 2,161 | 1,386 |
Cash Dividends Declared | — | 204 |
Retained Earnings | 2,161 | 1,418 |