Heritagebank
Great Falls, MT — Domestic Branch of a Domestic Bank
Acquired Feb 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Heritagebank | All Insured Commercial Banks in Montana |
Interest and Fees on Loans | 23,889 | 6,779 |
Income from Lease Financing Receivables | — | 122 |
96 | 117 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 49 | 59 |
Income on Loans and Leases (TE) | 23,938 | 6,792 |
Investment Interest Income (TE) | 1,772 | 1,877 |
Total Interest Income (TE) | 25,769 | 7,894 |
Total Interest Expense | 11,118 | 2,623 |
Net Interest Income (TE) | 14,651 | 5,272 |
Non-Interest Income | 4,842 | 874 |
Adjusted Operating Income (TE) | 19,493 | 6,167 |
Non-interest Expense | 11,758 | 3,439 |
Provision for Loan & Lease Losses | 175 | 473 |
Pretax Operating Income (TE) | 7,560 | 5,015 |
Pretax Net Operating Income (TE) | 7,560 | 5,002 |
Applicable Income Taxes | 2,866 | 1,710 |
Net Operating Income | 4,633 | 3,651 |
Net Income | 4,633 | 3,652 |
Cash Dividends Declared | 1,250 | 2,051 |
Retained Earnings | 3,383 | 2,015 |