First National Bank Of Gaylord
Gaylord, MI — Domestic Branch of a Domestic Bank
Acquired Jul 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First National Bank Of Gaylord | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 3,631 | 5,203 |
Income from Lease Financing Receivables | — | 3,192 |
7 | 123 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 62 |
Income on Loans and Leases (TE) | 3,631 | 5,234 |
Investment Interest Income (TE) | 445 | 1,735 |
Total Interest Income (TE) | 4,209 | 5,835 |
Total Interest Expense | 1,742 | 1,722 |
Net Interest Income (TE) | 2,467 | 4,139 |
Non-Interest Income | 572 | 1,044 |
Adjusted Operating Income (TE) | 3,039 | 5,131 |
Non-interest Expense | 2,844 | 3,196 |
Provision for Loan & Lease Losses | 396 | 1,960 |
Pretax Operating Income (TE) | — | 9,571 |
Pretax Net Operating Income (TE) | — | 10,102 |
Applicable Income Taxes | — | 3,348 |
Net Operating Income | — | 6,714 |
Net Income | — | 6,714 |
Cash Dividends Declared | — | 6,787 |
Retained Earnings | — | 2,281 |