Kentucky Bank & Trust
Ashland, KY — Domestic Branch of a Domestic Bank
Acquired May 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Kentucky Bank & Trust | All Insured Commercial Banks in Kentucky |
Interest and Fees on Loans | 1,350 | 1,506 |
Income from Lease Financing Receivables | — | 2,997 |
14 | 24 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 7 | 12 |
Income on Loans and Leases (TE) | 1,357 | 1,513 |
Investment Interest Income (TE) | 318 | 343 |
Total Interest Income (TE) | 1,697 | 1,889 |
Total Interest Expense | 582 | 670 |
Net Interest Income (TE) | 1,115 | 1,219 |
Non-Interest Income | 514 | 277 |
Adjusted Operating Income (TE) | 1,629 | 1,498 |
Non-interest Expense | 1,378 | 920 |
Provision for Loan & Lease Losses | — | 291 |
Pretax Operating Income (TE) | 251 | 905 |
Pretax Net Operating Income (TE) | 251 | 847 |
Applicable Income Taxes | — | 322 |
Net Operating Income | 236 | 539 |
Net Income | 236 | 539 |
Cash Dividends Declared | — | 763 |
Retained Earnings | 236 | 520 |