Greenville Community Bank
Greenville, MI — Domestic Branch of a Domestic Bank
Acquired Jan 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Greenville Community Bank | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 6,701 | 13,531 |
Income from Lease Financing Receivables | — | 6,782 |
73 | 309 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 38 | 166 |
Income on Loans and Leases (TE) | 6,739 | 13,570 |
Investment Interest Income (TE) | 262 | 5,276 |
Total Interest Income (TE) | 7,384 | 14,474 |
Total Interest Expense | 3,708 | 7,218 |
Net Interest Income (TE) | 3,676 | 7,803 |
Non-Interest Income | 545 | 2,250 |
Adjusted Operating Income (TE) | 4,221 | 9,566 |
Non-interest Expense | 2,905 | 6,683 |
Provision for Loan & Lease Losses | 254 | 5,533 |
Pretax Operating Income (TE) | 1,062 | 13,783 |
Pretax Net Operating Income (TE) | 1,062 | 14,035 |
Applicable Income Taxes | 251 | 5,082 |
Net Operating Income | 701 | 8,881 |
Net Income | 701 | 8,885 |
Cash Dividends Declared | — | 7,875 |
Retained Earnings | 701 | 3,381 |