First State Bank
Brazil, IN — Domestic Branch of a Domestic Bank
Acquired Jul 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First State Bank | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 2,929 | 5,161 |
Income from Lease Financing Receivables | — | 1,498 |
11 | 149 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 6 | 78 |
Income on Loans and Leases (TE) | 2,935 | 5,248 |
Investment Interest Income (TE) | 373 | 1,391 |
Total Interest Income (TE) | 3,368 | 6,530 |
Total Interest Expense | 1,607 | 2,036 |
Net Interest Income (TE) | 1,761 | 4,498 |
Non-Interest Income | 644 | 1,268 |
Adjusted Operating Income (TE) | 2,405 | 5,762 |
Non-interest Expense | 1,452 | 3,620 |
Provision for Loan & Lease Losses | 240 | 810 |
Pretax Operating Income (TE) | 713 | 11,212 |
Pretax Net Operating Income (TE) | 713 | 3,220 |
Applicable Income Taxes | 209 | 4,284 |
Net Operating Income | 442 | 2,083 |
Net Income | 442 | 2,083 |
Cash Dividends Declared | 294 | 12,305 |
Retained Earnings | 148 | 1,166 |