Mercantile Bank
Quincy, IL — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mercantile Bank | All Insured Commercial Banks in Illinois |
Interest and Fees on Loans | 14,458 | 8,415 |
Income from Lease Financing Receivables | — | 4 |
756 | 41 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 302 | 20 |
Income on Loans and Leases (TE) | 14,760 | 8,470 |
Investment Interest Income (TE) | 1,082 | 1,438 |
Total Interest Income (TE) | 15,945 | 10,200 |
Total Interest Expense | 1,985 | 1,041 |
Net Interest Income (TE) | 13,960 | 9,113 |
Non-Interest Income | 4,832 | 2,030 |
Adjusted Operating Income (TE) | 18,792 | 11,316 |
Non-interest Expense | 11,718 | 7,442 |
Provision for Loan & Lease Losses | 1,335 | 307 |
Pretax Operating Income (TE) | 5,739 | 3,453 |
Pretax Net Operating Income (TE) | 6,056 | 3,554 |
Applicable Income Taxes | 132 | 569 |
Net Operating Income | 5,492 | 2,671 |
Net Income | 5,492 | 2,670 |
Cash Dividends Declared | 7,710 | 1,225 |
Retained Earnings | -2,218 | 1,214 |