Fnb Financial
Three Rivers, MI — Domestic Branch of a Domestic Bank
Acquired Apr 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Fnb Financial | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 1,191 | 3,264 |
Income from Lease Financing Receivables | — | 1,471 |
40 | 73 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15 |
Income on Loans and Leases (TE) | 1,191 | 3,272 |
Investment Interest Income (TE) | 296 | 1,206 |
Total Interest Income (TE) | 1,498 | 3,297 |
Total Interest Expense | 435 | 1,444 |
Net Interest Income (TE) | 1,063 | 2,040 |
Non-Interest Income | 560 | 547 |
Adjusted Operating Income (TE) | 1,623 | 2,572 |
Non-interest Expense | 1,414 | 2,004 |
Provision for Loan & Lease Losses | 475 | 5,131 |
Pretax Operating Income (TE) | — | 632 |
Pretax Net Operating Income (TE) | — | 663 |
Applicable Income Taxes | — | 164 |
Net Operating Income | — | 467 |
Net Income | — | 458 |
Cash Dividends Declared | — | 357 |
Retained Earnings | — | 356 |