Farmers State Bank
Mentone, IN — Domestic Branch of a Domestic Bank
Acquired Jun 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Farmers State Bank | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 1,208 | 4,051 |
Income from Lease Financing Receivables | — | 15 |
3 | 36 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1 | 19 |
Income on Loans and Leases (TE) | 1,209 | 4,117 |
Investment Interest Income (TE) | 150 | 721 |
Total Interest Income (TE) | 1,389 | 4,975 |
Total Interest Expense | 130 | 468 |
Net Interest Income (TE) | 1,259 | 4,508 |
Non-Interest Income | 229 | 1,147 |
Adjusted Operating Income (TE) | 1,488 | 5,669 |
Non-interest Expense | 1,078 | 3,568 |
Provision for Loan & Lease Losses | — | 105 |
Pretax Operating Income (TE) | 410 | 1,923 |
Pretax Net Operating Income (TE) | 625 | 1,946 |
Applicable Income Taxes | 191 | 471 |
Net Operating Income | 399 | 1,322 |
Net Income | 399 | 1,322 |
Cash Dividends Declared | 106 | 660 |
Retained Earnings | 293 | 624 |