First Bank
West Des Moines, IA — Domestic Branch of a Domestic Bank
Acquired Aug 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 1,292 | 2,476 |
Income from Lease Financing Receivables | — | 0 |
— | 20 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 10 |
Income on Loans and Leases (TE) | 1,292 | 2,490 |
Investment Interest Income (TE) | 131 | 621 |
Total Interest Income (TE) | 1,453 | 3,192 |
Total Interest Expense | 178 | 413 |
Net Interest Income (TE) | 1,275 | 2,771 |
Non-Interest Income | 234 | 475 |
Adjusted Operating Income (TE) | 1,509 | 3,253 |
Non-interest Expense | 1,758 | 1,932 |
Provision for Loan & Lease Losses | — | 58 |
Pretax Operating Income (TE) | -249 | 1,228 |
Pretax Net Operating Income (TE) | -612 | 1,244 |
Applicable Income Taxes | — | 128 |
Net Operating Income | -612 | 958 |
Net Income | -612 | 958 |
Cash Dividends Declared | — | 430 |
Retained Earnings | -612 | 502 |