Firstbank Of Avon
Avon, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Firstbank Of Avon | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 9,571 | 6,845 |
Income from Lease Financing Receivables | — | 7 |
43 | 39 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 22 | 15 |
Income on Loans and Leases (TE) | 9,593 | 6,881 |
Investment Interest Income (TE) | 4,556 | 2,414 |
Total Interest Income (TE) | 14,231 | 9,665 |
Total Interest Expense | 1,168 | 1,935 |
Net Interest Income (TE) | 13,063 | 7,549 |
Non-Interest Income | 2,159 | 1,627 |
Adjusted Operating Income (TE) | 15,222 | 9,431 |
Non-interest Expense | 6,843 | 6,373 |
Provision for Loan & Lease Losses | 2,900 | 1,471 |
Pretax Operating Income (TE) | 5,479 | 1,466 |
Pretax Net Operating Income (TE) | 5,164 | 1,492 |
Applicable Income Taxes | 1,013 | 365 |
Net Operating Income | 3,320 | 951 |
Net Income | 3,320 | 951 |
Cash Dividends Declared | 5,500 | 545 |
Retained Earnings | -2,180 | 119 |