Heartland Community Bank
Franklin, IN — Domestic Branch of a Domestic Bank
Acquired Jul 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Heartland Community Bank | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 3,875 | 6,545 |
Income from Lease Financing Receivables | — | 19 |
26 | 36 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 12 | 18 |
Income on Loans and Leases (TE) | 3,887 | 6,640 |
Investment Interest Income (TE) | 1,050 | 1,228 |
Total Interest Income (TE) | 4,982 | 8,005 |
Total Interest Expense | 541 | 1,298 |
Net Interest Income (TE) | 4,441 | 6,643 |
Non-Interest Income | 964 | 1,977 |
Adjusted Operating Income (TE) | 5,405 | 8,618 |
Non-interest Expense | 4,632 | 5,419 |
Provision for Loan & Lease Losses | 650 | 458 |
Pretax Operating Income (TE) | 123 | 2,632 |
Pretax Net Operating Income (TE) | 205 | 2,708 |
Applicable Income Taxes | -146 | 544 |
Net Operating Income | 175 | 1,913 |
Net Income | 175 | 1,913 |
Cash Dividends Declared | — | 767 |
Retained Earnings | 175 | 939 |