Firstbank Of Cherry Creek
Denver, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Firstbank Of Cherry Creek | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 8,017 | 6,845 |
Income from Lease Financing Receivables | — | 7 |
74 | 39 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 40 | 15 |
Income on Loans and Leases (TE) | 8,057 | 6,881 |
Investment Interest Income (TE) | 9,621 | 2,414 |
Total Interest Income (TE) | 17,723 | 9,665 |
Total Interest Expense | 2,240 | 1,935 |
Net Interest Income (TE) | 15,483 | 7,549 |
Non-Interest Income | 3,479 | 1,627 |
Adjusted Operating Income (TE) | 18,962 | 9,431 |
Non-interest Expense | 7,821 | 6,373 |
Provision for Loan & Lease Losses | 614 | 1,471 |
Pretax Operating Income (TE) | 10,527 | 1,466 |
Pretax Net Operating Income (TE) | 10,636 | 1,492 |
Applicable Income Taxes | 3,090 | 365 |
Net Operating Income | 6,626 | 951 |
Net Income | 6,626 | 951 |
Cash Dividends Declared | 500 | 545 |
Retained Earnings | 6,126 | 119 |