Lasalle Bank Midwest National Association
Troy, MI — Domestic Branch of a Domestic Bank
Acquired Oct 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Lasalle Bank Midwest National Association | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 768,501 | 9,524 |
Income from Lease Financing Receivables | 2,543 | 5,725 |
25 | 260 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 13 | 34 |
Income on Loans and Leases (TE) | 771,057 | 9,548 |
Investment Interest Income (TE) | 6 | 3,533 |
Total Interest Income (TE) | 1,031,678 | 10,270 |
Total Interest Expense | 616,053 | 4,668 |
Net Interest Income (TE) | 415,625 | 5,931 |
Non-Interest Income | 186,082 | 1,538 |
Adjusted Operating Income (TE) | 601,707 | 7,311 |
Non-interest Expense | 352,260 | 5,298 |
Provision for Loan & Lease Losses | 105,627 | 4,586 |
Pretax Operating Income (TE) | 143,820 | 3,637 |
Pretax Net Operating Income (TE) | 143,827 | 3,683 |
Applicable Income Taxes | 46,697 | 1,275 |
Net Operating Income | 97,117 | 2,484 |
Net Income | 97,117 | 2,484 |
Cash Dividends Declared | — | 1,718 |
Retained Earnings | 97,117 | 2,182 |