Firstbank
Littleton, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Firstbank | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 5,989 | 6,845 |
Income from Lease Financing Receivables | — | 7 |
72 | 39 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 37 | 15 |
Income on Loans and Leases (TE) | 6,026 | 6,881 |
Investment Interest Income (TE) | 5,709 | 2,414 |
Total Interest Income (TE) | 11,755 | 9,665 |
Total Interest Expense | 1,904 | 1,935 |
Net Interest Income (TE) | 9,851 | 7,549 |
Non-Interest Income | 1,593 | 1,627 |
Adjusted Operating Income (TE) | 11,444 | 9,431 |
Non-interest Expense | 6,143 | 6,373 |
Provision for Loan & Lease Losses | 778 | 1,471 |
Pretax Operating Income (TE) | 4,523 | 1,466 |
Pretax Net Operating Income (TE) | 4,523 | 1,492 |
Applicable Income Taxes | 1,519 | 365 |
Net Operating Income | 2,511 | 951 |
Net Income | 2,511 | 951 |
Cash Dividends Declared | 700 | 545 |
Retained Earnings | 1,811 | 119 |