Lake Federal Bank, Fsb
Hammond, IN — Domestic Branch of a Domestic Bank
Acquired Jul 2016
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Lake Federal Bank, Fsb | All Insured Savings Banks in Indiana |
| Interest and Fees on Loans | 1,024 | 2,995 |
| Income from Lease Financing Receivables | — | 0 |
| — | 6 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
| Income on Loans and Leases (TE) | 1,024 | 3,013 |
| Investment Interest Income (TE) | 16 | 678 |
| Total Interest Income (TE) | 1,068 | 3,770 |
| Total Interest Expense | 89 | 442 |
| Net Interest Income (TE) | 979 | 3,320 |
| Non-Interest Income | 37 | 1,177 |
| Adjusted Operating Income (TE) | 1,016 | 4,605 |
| Non-interest Expense | 1,427 | 3,497 |
| Provision for Loan & Lease Losses | 12 | 72 |
| Pretax Operating Income (TE) | -423 | 1,065 |
| Pretax Net Operating Income (TE) | -423 | 1,221 |
| Applicable Income Taxes | — | 295 |
| Net Operating Income | -423 | 811 |
| Net Income | -423 | 811 |
| Cash Dividends Declared | — | 218 |
| Retained Earnings | -423 | 517 |