First Western Bank
Cooper City, FL — Domestic Branch of a Domestic Bank
Acquired Apr 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Western Bank | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 258 | 2,076 |
Income from Lease Financing Receivables | — | 561 |
— | 48 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 24 |
Income on Loans and Leases (TE) | 258 | 2,085 |
Investment Interest Income (TE) | 83 | 371 |
Total Interest Income (TE) | 350 | 2,496 |
Total Interest Expense | 18 | 619 |
Net Interest Income (TE) | 332 | 1,896 |
Non-Interest Income | 75 | 411 |
Adjusted Operating Income (TE) | 407 | 2,347 |
Non-interest Expense | 446 | 1,492 |
Provision for Loan & Lease Losses | 36 | 199 |
Pretax Operating Income (TE) | — | 1,536 |
Pretax Net Operating Income (TE) | — | 1,587 |
Applicable Income Taxes | — | 617 |
Net Operating Income | — | 1,086 |
Net Income | — | 1,086 |
Cash Dividends Declared | — | 1,666 |
Retained Earnings | — | 828 |