Farmers Savings Bank
Walford, IA — Domestic Branch of a Domestic Bank
Acquired Jan 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Farmers Savings Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 948 | 4,964 |
Income from Lease Financing Receivables | — | 1 |
13 | 45 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 4 | 21 |
Income on Loans and Leases (TE) | 952 | 4,996 |
Investment Interest Income (TE) | 745 | 1,222 |
Total Interest Income (TE) | 1,710 | 6,345 |
Total Interest Expense | 442 | 1,124 |
Net Interest Income (TE) | 1,268 | 5,201 |
Non-Interest Income | 160 | 1,013 |
Adjusted Operating Income (TE) | 1,428 | 6,250 |
Non-interest Expense | 1,229 | 3,690 |
Provision for Loan & Lease Losses | 51 | 202 |
Pretax Operating Income (TE) | 148 | 2,267 |
Pretax Net Operating Income (TE) | 202 | 2,367 |
Applicable Income Taxes | 9 | 248 |
Net Operating Income | 124 | 1,819 |
Net Income | 124 | 1,824 |
Cash Dividends Declared | 1,769 | 917 |
Retained Earnings | -1,645 | 859 |