First Independent Bank Of Nevada
Reno, NV — Domestic Branch of a Domestic Bank
Acquired Dec 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Independent Bank Of Nevada | All Insured Commercial Banks in Nevada |
Interest and Fees on Loans | 17,605 | 23,239 |
Income from Lease Financing Receivables | 192 | 82 |
— | 32 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 17,797 | 23,306 |
Investment Interest Income (TE) | 1,892 | 12,764 |
Total Interest Income (TE) | 19,806 | 36,445 |
Total Interest Expense | 3,106 | 3,303 |
Net Interest Income (TE) | 16,700 | 33,143 |
Non-Interest Income | 453 | 29,218 |
Adjusted Operating Income (TE) | 17,153 | 62,092 |
Non-interest Expense | 12,083 | 39,316 |
Provision for Loan & Lease Losses | 1,829 | 11,243 |
Pretax Operating Income (TE) | 3,241 | 14,944 |
Pretax Net Operating Income (TE) | 3,923 | 14,345 |
Applicable Income Taxes | 1,362 | 736 |
Net Operating Income | 2,556 | 13,590 |
Net Income | 2,556 | 13,590 |
Cash Dividends Declared | — | 1,070 |
Retained Earnings | 2,556 | 1,911 |