Heartland Bank
Saint Louis, MO — Domestic Branch of a Domestic Bank
Acquired Mar 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Heartland Bank | All Insured Savings Banks in Missouri |
Interest and Fees on Loans | 13,795 | 11,845 |
Income from Lease Financing Receivables | 5,097 | 0 |
— | 0 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 18,892 | 11,852 |
Investment Interest Income (TE) | 2,049 | 1,697 |
Total Interest Income (TE) | 21,086 | 13,782 |
Total Interest Expense | 2,684 | 1,732 |
Net Interest Income (TE) | 18,402 | 12,050 |
Non-Interest Income | 20,869 | 10,837 |
Adjusted Operating Income (TE) | 39,271 | 30,270 |
Non-interest Expense | 38,464 | 17,558 |
Provision for Loan & Lease Losses | -852 | 558 |
Pretax Operating Income (TE) | 1,659 | 9,379 |
Pretax Net Operating Income (TE) | 1,969 | 8,812 |
Applicable Income Taxes | 599 | 1,541 |
Net Operating Income | 1,370 | 5,645 |
Net Income | 1,249 | 5,645 |
Cash Dividends Declared | 3,000 | 1,162 |
Retained Earnings | -1,751 | 3,136 |