First Mountain Bank
Leadville, CO — Domestic Branch of a Domestic Bank
Acquired Dec 2008
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | First Mountain Bank | All Insured Commercial Banks in Colorado |
| Interest and Fees on Loans | 548 | 10,120 |
| Income from Lease Financing Receivables | — | 124 |
| — | 110 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 55 |
| Income on Loans and Leases (TE) | 548 | 10,158 |
| Investment Interest Income (TE) | — | 3,788 |
| Total Interest Income (TE) | 684 | 11,110 |
| Total Interest Expense | 184 | 3,975 |
| Net Interest Income (TE) | 500 | 6,971 |
| Non-Interest Income | 82 | 2,359 |
| Adjusted Operating Income (TE) | 582 | 8,962 |
| Non-interest Expense | 390 | 5,650 |
| Provision for Loan & Lease Losses | — | 1,897 |
| Pretax Operating Income (TE) | 192 | 4,062 |
| Pretax Net Operating Income (TE) | 192 | 3,911 |
| Applicable Income Taxes | — | 1,478 |
| Net Operating Income | 192 | 2,672 |
| Net Income | 192 | 2,670 |
| Cash Dividends Declared | — | 2,303 |
| Retained Earnings | 192 | 1,504 |