First Citizens State Bank
Newport, IN — Domestic Branch of a Domestic Bank
Acquired Feb 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Citizens State Bank | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 5,497 | 10,979 |
Income from Lease Financing Receivables | — | 2,806 |
40 | 290 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 21 | 153 |
Income on Loans and Leases (TE) | 5,518 | 11,111 |
Investment Interest Income (TE) | 1,880 | 2,608 |
Total Interest Income (TE) | 7,494 | 13,776 |
Total Interest Expense | 2,487 | 4,568 |
Net Interest Income (TE) | 5,007 | 9,126 |
Non-Interest Income | 880 | 3,040 |
Adjusted Operating Income (TE) | 5,887 | 12,158 |
Non-interest Expense | 2,831 | 7,296 |
Provision for Loan & Lease Losses | 510 | 2,827 |
Pretax Operating Income (TE) | 2,546 | 6,581 |
Pretax Net Operating Income (TE) | 2,668 | 5,582 |
Applicable Income Taxes | 702 | 9,277 |
Net Operating Income | 1,692 | 3,694 |
Net Income | 1,692 | 3,694 |
Cash Dividends Declared | 693 | 9,252 |
Retained Earnings | 999 | 8,576 |