Foundations Bank
Pewaukee, WI — Domestic Branch of a Domestic Bank
Acquired Mar 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Foundations Bank | All Insured Commercial Banks in Wisconsin |
Interest and Fees on Loans | 3,441 | 7,989 |
Income from Lease Financing Receivables | — | 1 |
14 | 67 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 7 | 33 |
Income on Loans and Leases (TE) | 3,448 | 8,032 |
Investment Interest Income (TE) | 445 | 1,161 |
Total Interest Income (TE) | 3,945 | 9,378 |
Total Interest Expense | 492 | 931 |
Net Interest Income (TE) | 3,453 | 8,395 |
Non-Interest Income | 266 | 1,612 |
Adjusted Operating Income (TE) | 3,719 | 10,125 |
Non-interest Expense | 2,817 | 6,452 |
Provision for Loan & Lease Losses | — | 171 |
Pretax Operating Income (TE) | 902 | 3,441 |
Pretax Net Operating Income (TE) | 913 | 3,482 |
Applicable Income Taxes | 310 | 635 |
Net Operating Income | 590 | 2,570 |
Net Income | 590 | 2,571 |
Cash Dividends Declared | — | 1,251 |
Retained Earnings | 590 | 1,187 |