Firstbank Of Northern Colorado
Fort Collins, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Firstbank Of Northern Colorado | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 12,933 | 6,845 |
Income from Lease Financing Receivables | — | 7 |
157 | 39 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 81 | 15 |
Income on Loans and Leases (TE) | 13,014 | 6,881 |
Investment Interest Income (TE) | 3,958 | 2,414 |
Total Interest Income (TE) | 17,012 | 9,665 |
Total Interest Expense | 2,355 | 1,935 |
Net Interest Income (TE) | 14,657 | 7,549 |
Non-Interest Income | 3,938 | 1,627 |
Adjusted Operating Income (TE) | 18,595 | 9,431 |
Non-interest Expense | 9,968 | 6,373 |
Provision for Loan & Lease Losses | 912 | 1,471 |
Pretax Operating Income (TE) | 7,715 | 1,466 |
Pretax Net Operating Income (TE) | 7,715 | 1,492 |
Applicable Income Taxes | 2,087 | 365 |
Net Operating Income | 4,858 | 951 |
Net Income | 4,858 | 951 |
Cash Dividends Declared | 500 | 545 |
Retained Earnings | 4,358 | 119 |