First State Bank
Lynnville, IA — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | First State Bank | All Insured Commercial Banks in Iowa |
| Interest and Fees on Loans | 6,873 | 6,128 |
| Income from Lease Financing Receivables | — | 1 |
| 60 | 47 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 31 | 23 |
| Income on Loans and Leases (TE) | 6,904 | 6,162 |
| Investment Interest Income (TE) | 833 | 1,177 |
| Total Interest Income (TE) | 7,840 | 7,538 |
| Total Interest Expense | 937 | 925 |
| Net Interest Income (TE) | 6,903 | 6,587 |
| Non-Interest Income | 621 | 1,176 |
| Adjusted Operating Income (TE) | 7,524 | 7,798 |
| Non-interest Expense | 3,710 | 4,586 |
| Provision for Loan & Lease Losses | 326 | 208 |
| Pretax Operating Income (TE) | 3,488 | 2,901 |
| Pretax Net Operating Income (TE) | 3,488 | 2,963 |
| Applicable Income Taxes | 161 | 312 |
| Net Operating Income | 3,111 | 2,310 |
| Net Income | 3,111 | 2,310 |
| Cash Dividends Declared | 1,176 | 1,248 |
| Retained Earnings | 1,935 | 1,005 |