First National Bank
Sioux Center, IA — Domestic Branch of a Domestic Bank
Acquired Oct 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First National Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 5,895 | 3,636 |
Income from Lease Financing Receivables | — | 0 |
142 | 32 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 67 | 16 |
Income on Loans and Leases (TE) | 5,962 | 3,659 |
Investment Interest Income (TE) | 620 | 906 |
Total Interest Income (TE) | 6,690 | 4,670 |
Total Interest Expense | 1,018 | 699 |
Net Interest Income (TE) | 5,672 | 3,954 |
Non-Interest Income | 1,234 | 762 |
Adjusted Operating Income (TE) | 6,906 | 4,731 |
Non-interest Expense | 6,102 | 2,802 |
Provision for Loan & Lease Losses | — | 103 |
Pretax Operating Income (TE) | 804 | 1,781 |
Pretax Net Operating Income (TE) | 1,202 | 1,820 |
Applicable Income Taxes | 226 | 191 |
Net Operating Income | 811 | 1,393 |
Net Income | 811 | 1,393 |
Cash Dividends Declared | 405 | 616 |
Retained Earnings | 406 | 713 |