Horizon Bank, National Association
Michigan City, IN — National Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Horizon Bank, National Association | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 91,569 | 17,558 |
Income from Lease Financing Receivables | — | 63 |
467 | 140 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 251 | 73 |
Income on Loans and Leases (TE) | 91,820 | 17,832 |
Investment Interest Income (TE) | 16,372 | 2,939 |
Total Interest Income (TE) | 109,398 | 21,400 |
Total Interest Expense | 18,161 | 2,125 |
Net Interest Income (TE) | 91,237 | 19,222 |
Non-Interest Income | 36,095 | 5,497 |
Adjusted Operating Income (TE) | 127,332 | 24,709 |
Non-interest Expense | 89,532 | 15,248 |
Provision for Loan & Lease Losses | 1,842 | 481 |
Pretax Operating Income (TE) | 35,958 | 8,741 |
Pretax Net Operating Income (TE) | 37,794 | 8,865 |
Applicable Income Taxes | 8,955 | 2,204 |
Net Operating Income | 25,938 | 6,062 |
Net Income | 25,938 | 6,062 |
Cash Dividends Declared | 19,000 | 3,093 |
Retained Earnings | 6,938 | 2,557 |