Indiana Community Bank
Goshen, IN — Domestic Branch of a Domestic Bank
Acquired Jan 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Indiana Community Bank | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 4,170 | 13,897 |
Income from Lease Financing Receivables | — | 57 |
8 | 82 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 42 |
Income on Loans and Leases (TE) | 4,170 | 14,111 |
Investment Interest Income (TE) | 4 | 2,554 |
Total Interest Income (TE) | 4,219 | 17,111 |
Total Interest Expense | 421 | 1,993 |
Net Interest Income (TE) | 3,798 | 15,031 |
Non-Interest Income | -58 | 4,524 |
Adjusted Operating Income (TE) | 3,740 | 19,567 |
Non-interest Expense | 3,874 | 12,389 |
Provision for Loan & Lease Losses | 2 | 492 |
Pretax Operating Income (TE) | -136 | 6,448 |
Pretax Net Operating Income (TE) | -136 | 6,578 |
Applicable Income Taxes | — | 1,402 |
Net Operating Income | -136 | 4,655 |
Net Income | -136 | 4,655 |
Cash Dividends Declared | — | 2,033 |
Retained Earnings | -136 | 1,892 |