Grant County Deposit Bank
Williamstown, KY — Domestic Branch of a Domestic Bank
Acquired Oct 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Grant County Deposit Bank | All Insured Commercial Banks in Kentucky |
Interest and Fees on Loans | 1,873 | 5,923 |
Income from Lease Financing Receivables | — | 1 |
— | 33 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 16 |
Income on Loans and Leases (TE) | 1,873 | 5,947 |
Investment Interest Income (TE) | 252 | 1,225 |
Total Interest Income (TE) | 2,125 | 7,275 |
Total Interest Expense | 240 | 891 |
Net Interest Income (TE) | 1,885 | 6,338 |
Non-Interest Income | 376 | 1,466 |
Adjusted Operating Income (TE) | 2,261 | 7,882 |
Non-interest Expense | 2,860 | 5,599 |
Provision for Loan & Lease Losses | — | 201 |
Pretax Operating Income (TE) | -599 | 2,058 |
Pretax Net Operating Income (TE) | -611 | 2,112 |
Applicable Income Taxes | -208 | 296 |
Net Operating Income | -403 | 1,605 |
Net Income | -403 | 1,605 |
Cash Dividends Declared | — | 724 |
Retained Earnings | -403 | 829 |