Hawkeye State Bank
Iowa City, IA — Domestic Branch of a Domestic Bank
Acquired Jul 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Hawkeye State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 3,642 | 1,775 |
Income from Lease Financing Receivables | — | 60 |
— | 36 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 18 |
Income on Loans and Leases (TE) | 3,642 | 1,787 |
Investment Interest Income (TE) | 459 | 480 |
Total Interest Income (TE) | 4,241 | 2,294 |
Total Interest Expense | 1,827 | 832 |
Net Interest Income (TE) | 2,414 | 1,459 |
Non-Interest Income | 620 | 263 |
Adjusted Operating Income (TE) | 3,034 | 1,730 |
Non-interest Expense | 1,141 | 999 |
Provision for Loan & Lease Losses | 371 | 160 |
Pretax Operating Income (TE) | 1,522 | 813 |
Pretax Net Operating Income (TE) | 1,522 | 834 |
Applicable Income Taxes | 48 | 231 |
Net Operating Income | 1,474 | 623 |
Net Income | 1,474 | 623 |
Cash Dividends Declared | — | 779 |
Retained Earnings | 1,474 | 398 |