Farmers Savings Bank & Trust-Vinton
Vinton, IA — Domestic Branch of a Domestic Bank
Acquired May 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Farmers Savings Bank & Trust-Vinton | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 678 | 1,348 |
Income from Lease Financing Receivables | — | 92 |
— | 28 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
Income on Loans and Leases (TE) | 678 | 1,356 |
Investment Interest Income (TE) | 221 | 316 |
Total Interest Income (TE) | 923 | 1,686 |
Total Interest Expense | 497 | 761 |
Net Interest Income (TE) | 426 | 921 |
Non-Interest Income | 121 | 172 |
Adjusted Operating Income (TE) | 547 | 1,094 |
Non-interest Expense | 416 | 668 |
Provision for Loan & Lease Losses | — | 167 |
Pretax Operating Income (TE) | 131 | 455 |
Pretax Net Operating Income (TE) | 131 | 465 |
Applicable Income Taxes | 6 | 96 |
Net Operating Income | 125 | 362 |
Net Income | 125 | 362 |
Cash Dividends Declared | 125 | 502 |
Retained Earnings | — | 313 |