Harris Bank Westchester
Westchester, IL — Domestic Branch of a Domestic Bank
Acquired May 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Harris Bank Westchester | All Insured Commercial Banks in Illinois |
Interest and Fees on Loans | 2,093 | 1,737 |
Income from Lease Financing Receivables | — | 503 |
— | 41 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 22 |
Income on Loans and Leases (TE) | 2,093 | 1,755 |
Investment Interest Income (TE) | 299 | 390 |
Total Interest Income (TE) | 2,424 | 2,214 |
Total Interest Expense | 780 | 690 |
Net Interest Income (TE) | 1,644 | 1,516 |
Non-Interest Income | 237 | 283 |
Adjusted Operating Income (TE) | 1,881 | 1,808 |
Non-interest Expense | 1,009 | 1,072 |
Provision for Loan & Lease Losses | — | 197 |
Pretax Operating Income (TE) | 872 | 918 |
Pretax Net Operating Income (TE) | 872 | 922 |
Applicable Income Taxes | 268 | 804 |
Net Operating Income | 527 | 633 |
Net Income | 527 | 633 |
Cash Dividends Declared | 500 | 919 |
Retained Earnings | 27 | 1,363 |