Madison Bank
Richmond, KY — Domestic Branch of a Domestic Bank
Acquired Jul 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Madison Bank | All Insured Commercial Banks in Kentucky |
Interest and Fees on Loans | 2,010 | 4,065 |
Income from Lease Financing Receivables | — | 0 |
— | 22 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 11 |
Income on Loans and Leases (TE) | 2,010 | 4,081 |
Investment Interest Income (TE) | 247 | 810 |
Total Interest Income (TE) | 2,309 | 4,973 |
Total Interest Expense | 165 | 550 |
Net Interest Income (TE) | 2,144 | 4,408 |
Non-Interest Income | 497 | 996 |
Adjusted Operating Income (TE) | 2,641 | 5,491 |
Non-interest Expense | 2,164 | 3,878 |
Provision for Loan & Lease Losses | — | 89 |
Pretax Operating Income (TE) | 477 | 1,467 |
Pretax Net Operating Income (TE) | 477 | 1,502 |
Applicable Income Taxes | 163 | 200 |
Net Operating Income | 314 | 1,155 |
Net Income | 314 | 1,155 |
Cash Dividends Declared | — | 626 |
Retained Earnings | 314 | 590 |