First National Bank, Valparaiso
Valparaiso, IN — Domestic Branch of a Domestic Bank
Acquired Jun 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First National Bank, Valparaiso | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 3,975 | 4,211 |
Income from Lease Financing Receivables | — | 1,145 |
— | 146 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 78 |
Income on Loans and Leases (TE) | 3,975 | 4,277 |
Investment Interest Income (TE) | 968 | 1,016 |
Total Interest Income (TE) | 6,935 | 5,205 |
Total Interest Expense | 3,244 | 2,278 |
Net Interest Income (TE) | 3,691 | 2,930 |
Non-Interest Income | 625 | 804 |
Adjusted Operating Income (TE) | 4,316 | 3,737 |
Non-interest Expense | 3,568 | 2,391 |
Provision for Loan & Lease Losses | 7 | 1,032 |
Pretax Operating Income (TE) | 741 | 1,652 |
Pretax Net Operating Income (TE) | 741 | 1,689 |
Applicable Income Taxes | 92 | 423 |
Net Operating Income | 470 | 1,251 |
Net Income | 470 | 1,251 |
Cash Dividends Declared | — | 1,440 |
Retained Earnings | 470 | 663 |