George Washington Savings Bank
Orland Park, IL — State Savings Bank
Acquired Feb 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | George Washington Savings Bank | All Insured Savings Banks in Illinois |
Interest and Fees on Loans | 18,958 | 6,431 |
Income from Lease Financing Receivables | — | 83 |
— | 20 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 17 |
Income on Loans and Leases (TE) | 18,958 | 6,439 |
Investment Interest Income (TE) | 928 | 1,101 |
Total Interest Income (TE) | 19,895 | 7,629 |
Total Interest Expense | 9,218 | 3,232 |
Net Interest Income (TE) | 10,677 | 4,397 |
Non-Interest Income | 1,402 | 905 |
Adjusted Operating Income (TE) | 12,079 | 5,251 |
Non-interest Expense | 8,202 | 4,398 |
Provision for Loan & Lease Losses | 41,042 | 2,688 |
Pretax Operating Income (TE) | — | 1,056 |
Pretax Net Operating Income (TE) | — | 1,019 |
Applicable Income Taxes | — | 338 |
Net Operating Income | — | 585 |
Net Income | — | 584 |
Cash Dividends Declared | — | 544 |
Retained Earnings | — | 535 |