Heritage Bank, National Association
Phoenix, AZ — National Bank
Acquired Mar 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Heritage Bank, National Association | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | 368 | 10,486 |
Income from Lease Financing Receivables | — | 8 |
— | 24 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 13 |
Income on Loans and Leases (TE) | 368 | 10,643 |
Investment Interest Income (TE) | 23 | 1,201 |
Total Interest Income (TE) | 397 | 12,133 |
Total Interest Expense | 18 | 1,314 |
Net Interest Income (TE) | 379 | 10,787 |
Non-Interest Income | 25 | 3,283 |
Adjusted Operating Income (TE) | 404 | 14,634 |
Non-interest Expense | 339 | 10,411 |
Provision for Loan & Lease Losses | — | 373 |
Pretax Operating Income (TE) | 65 | 3,890 |
Pretax Net Operating Income (TE) | 65 | 3,941 |
Applicable Income Taxes | 27 | 783 |
Net Operating Income | 38 | 3,160 |
Net Income | 38 | 3,160 |
Cash Dividends Declared | — | 1,236 |
Retained Earnings | 38 | 1,623 |