Magic Valley Bank
Twin Falls, ID — Domestic Branch of a Domestic Bank
Acquired Nov 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Magic Valley Bank | All Insured Commercial Banks in Idaho |
Interest and Fees on Loans | 3,272 | 9,038 |
Income from Lease Financing Receivables | — | 74 |
— | 36 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 19 |
Income on Loans and Leases (TE) | 3,272 | 9,071 |
Investment Interest Income (TE) | 218 | 1,685 |
Total Interest Income (TE) | 3,521 | 10,885 |
Total Interest Expense | 673 | 2,051 |
Net Interest Income (TE) | 2,848 | 8,834 |
Non-Interest Income | 629 | 2,252 |
Adjusted Operating Income (TE) | 3,477 | 11,086 |
Non-interest Expense | 2,575 | 6,633 |
Provision for Loan & Lease Losses | 12 | 471 |
Pretax Operating Income (TE) | 890 | 4,013 |
Pretax Net Operating Income (TE) | 890 | 4,022 |
Applicable Income Taxes | 301 | 1,325 |
Net Operating Income | 561 | 2,519 |
Net Income | 561 | 2,519 |
Cash Dividends Declared | — | 407 |
Retained Earnings | 561 | 2,329 |