Firstbank Of Longmont
Longmont, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Firstbank Of Longmont | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 6,009 | 6,845 |
Income from Lease Financing Receivables | — | 7 |
145 | 39 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 77 | 15 |
Income on Loans and Leases (TE) | 6,086 | 6,881 |
Investment Interest Income (TE) | 9,901 | 2,414 |
Total Interest Income (TE) | 16,040 | 9,665 |
Total Interest Expense | 2,020 | 1,935 |
Net Interest Income (TE) | 14,020 | 7,549 |
Non-Interest Income | 2,951 | 1,627 |
Adjusted Operating Income (TE) | 16,971 | 9,431 |
Non-interest Expense | 7,111 | 6,373 |
Provision for Loan & Lease Losses | 55 | 1,471 |
Pretax Operating Income (TE) | 9,805 | 1,466 |
Pretax Net Operating Income (TE) | 9,805 | 1,492 |
Applicable Income Taxes | 2,786 | 365 |
Net Operating Income | 6,125 | 951 |
Net Income | 6,125 | 951 |
Cash Dividends Declared | 3,400 | 545 |
Retained Earnings | 2,725 | 119 |