First State Bank
Flagstaff, AZ — Non-member Bank
Acquired Sep 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First State Bank | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | 2,849 | 3,801 |
Income from Lease Financing Receivables | — | 2,053 |
— | 65 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | — |
Income on Loans and Leases (TE) | 2,849 | 3,811 |
Investment Interest Income (TE) | 81 | 729 |
Total Interest Income (TE) | 2,935 | 4,266 |
Total Interest Expense | 1,274 | 1,625 |
Net Interest Income (TE) | 1,661 | 2,645 |
Non-Interest Income | 294 | 921 |
Adjusted Operating Income (TE) | 1,955 | 3,863 |
Non-interest Expense | 3,833 | 3,526 |
Provision for Loan & Lease Losses | 3,515 | 7,183 |
Pretax Operating Income (TE) | — | 564 |
Pretax Net Operating Income (TE) | — | 865 |
Applicable Income Taxes | — | 356 |
Net Operating Income | — | 541 |
Net Income | — | 536 |
Cash Dividends Declared | — | 950 |
Retained Earnings | — | 611 |