Huron Community Bank
East Tawas, MI — State Member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Huron Community Bank | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 6,556 | 10,938 |
Income from Lease Financing Receivables | — | 10 |
15 | 29 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 8 | 15 |
Income on Loans and Leases (TE) | 6,564 | 11,173 |
Investment Interest Income (TE) | 589 | 1,280 |
Total Interest Income (TE) | 7,288 | 12,846 |
Total Interest Expense | 393 | 1,055 |
Net Interest Income (TE) | 6,895 | 11,693 |
Non-Interest Income | 1,046 | 4,070 |
Adjusted Operating Income (TE) | 7,941 | 16,296 |
Non-interest Expense | 5,565 | 11,085 |
Provision for Loan & Lease Losses | 96 | 218 |
Pretax Operating Income (TE) | 2,280 | 4,891 |
Pretax Net Operating Income (TE) | 2,280 | 4,954 |
Applicable Income Taxes | 569 | 1,175 |
Net Operating Income | 1,584 | 3,652 |
Net Income | 1,584 | 3,589 |
Cash Dividends Declared | 669 | 1,687 |
Retained Earnings | 915 | 1,748 |