First Place Bank
Warren, OH — Domestic Branch of a Domestic Bank
Acquired Feb 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Place Bank | All Insured Savings Banks in Ohio |
Interest and Fees on Loans | 83,223 | 8,231 |
Income from Lease Financing Receivables | — | 0 |
402 | 0 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 216 | 0 |
Income on Loans and Leases (TE) | 83,439 | 8,233 |
Investment Interest Income (TE) | 2,631 | 611 |
Total Interest Income (TE) | 87,420 | 9,312 |
Total Interest Expense | 6,573 | 1,601 |
Net Interest Income (TE) | 80,847 | 7,543 |
Non-Interest Income | 99,904 | 2,859 |
Adjusted Operating Income (TE) | 180,751 | 12,104 |
Non-interest Expense | 137,406 | 8,424 |
Provision for Loan & Lease Losses | 17,740 | 444 |
Pretax Operating Income (TE) | 25,605 | 2,675 |
Pretax Net Operating Income (TE) | 25,591 | 2,723 |
Applicable Income Taxes | -5,271 | 369 |
Net Operating Income | 30,363 | 2,274 |
Net Income | 30,363 | 2,274 |
Cash Dividends Declared | — | 221 |
Retained Earnings | 30,363 | 1,202 |