Firstbank Of Arvada
Arvada, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Firstbank Of Arvada | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 4,074 | 6,845 |
Income from Lease Financing Receivables | — | 7 |
85 | 39 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 46 | 15 |
Income on Loans and Leases (TE) | 4,120 | 6,881 |
Investment Interest Income (TE) | 10,965 | 2,414 |
Total Interest Income (TE) | 15,113 | 9,665 |
Total Interest Expense | 2,206 | 1,935 |
Net Interest Income (TE) | 12,907 | 7,549 |
Non-Interest Income | 2,224 | 1,627 |
Adjusted Operating Income (TE) | 15,131 | 9,431 |
Non-interest Expense | 5,561 | 6,373 |
Provision for Loan & Lease Losses | 512 | 1,471 |
Pretax Operating Income (TE) | 9,058 | 1,466 |
Pretax Net Operating Income (TE) | 8,536 | 1,492 |
Applicable Income Taxes | 2,192 | 365 |
Net Operating Income | 5,337 | 951 |
Net Income | 5,337 | 951 |
Cash Dividends Declared | — | 545 |
Retained Earnings | 5,337 | 119 |