First Farmers Bank And Trust Company
Converse, IN — State Member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Farmers Bank And Trust Company | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 53,349 | 17,558 |
Income from Lease Financing Receivables | 1,922 | 63 |
399 | 140 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 215 | 73 |
Income on Loans and Leases (TE) | 55,486 | 17,832 |
Investment Interest Income (TE) | 5,952 | 2,939 |
Total Interest Income (TE) | 62,025 | 21,400 |
Total Interest Expense | 5,950 | 2,125 |
Net Interest Income (TE) | 56,075 | 19,222 |
Non-Interest Income | 13,280 | 5,497 |
Adjusted Operating Income (TE) | 69,355 | 24,709 |
Non-interest Expense | 41,429 | 15,248 |
Provision for Loan & Lease Losses | 3,475 | 481 |
Pretax Operating Income (TE) | 24,451 | 8,741 |
Pretax Net Operating Income (TE) | 24,643 | 8,865 |
Applicable Income Taxes | 6,129 | 2,204 |
Net Operating Income | 17,096 | 6,062 |
Net Income | 17,096 | 6,062 |
Cash Dividends Declared | 14,425 | 3,093 |
Retained Earnings | 2,671 | 2,557 |