Firstbank Of Summit County
Silverthorne, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Firstbank Of Summit County | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 10,768 | 6,845 |
Income from Lease Financing Receivables | 2 | 7 |
28 | 39 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 14 | 15 |
Income on Loans and Leases (TE) | 10,784 | 6,881 |
Investment Interest Income (TE) | 2,669 | 2,414 |
Total Interest Income (TE) | 13,506 | 9,665 |
Total Interest Expense | 1,319 | 1,935 |
Net Interest Income (TE) | 12,187 | 7,549 |
Non-Interest Income | 2,008 | 1,627 |
Adjusted Operating Income (TE) | 14,195 | 9,431 |
Non-interest Expense | 6,338 | 6,373 |
Provision for Loan & Lease Losses | 766 | 1,471 |
Pretax Operating Income (TE) | 7,091 | 1,466 |
Pretax Net Operating Income (TE) | 6,886 | 1,492 |
Applicable Income Taxes | 2,054 | 365 |
Net Operating Income | 4,294 | 951 |
Net Income | 4,294 | 951 |
Cash Dividends Declared | 4,700 | 545 |
Retained Earnings | -406 | 119 |