First State Bank
Tabor, IA — Domestic Branch of a Domestic Bank
Acquired Jul 2009
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | First State Bank | All Insured Commercial Banks in Iowa |
| Interest and Fees on Loans | 390 | 2,554 |
| Income from Lease Financing Receivables | — | 178 |
| — | 57 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 27 |
| Income on Loans and Leases (TE) | 390 | 2,571 |
| Investment Interest Income (TE) | 101 | 658 |
| Total Interest Income (TE) | 500 | 3,201 |
| Total Interest Expense | 151 | 1,110 |
| Net Interest Income (TE) | 349 | 2,084 |
| Non-Interest Income | 84 | 431 |
| Adjusted Operating Income (TE) | 433 | 2,461 |
| Non-interest Expense | 314 | 1,533 |
| Provision for Loan & Lease Losses | — | 707 |
| Pretax Operating Income (TE) | 119 | 1,037 |
| Pretax Net Operating Income (TE) | 119 | 1,067 |
| Applicable Income Taxes | 30 | 149 |
| Net Operating Income | 86 | 802 |
| Net Income | 86 | 802 |
| Cash Dividends Declared | — | 592 |
| Retained Earnings | 86 | 508 |