Mercantile National Bank Of Indiana
Hammond, IN — Domestic Branch of a Domestic Bank
Acquired Aug 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mercantile National Bank Of Indiana | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 19,191 | 7,297 |
Income from Lease Financing Receivables | — | 1,539 |
130 | 192 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 67 | 99 |
Income on Loans and Leases (TE) | 19,258 | 7,403 |
Investment Interest Income (TE) | 786 | 1,880 |
Total Interest Income (TE) | 20,808 | 9,140 |
Total Interest Expense | 6,695 | 3,756 |
Net Interest Income (TE) | 14,113 | 5,369 |
Non-Interest Income | 3,979 | 1,376 |
Adjusted Operating Income (TE) | 18,092 | 6,744 |
Non-interest Expense | 14,448 | 4,180 |
Provision for Loan & Lease Losses | — | 854 |
Pretax Operating Income (TE) | 3,644 | 5,298 |
Pretax Net Operating Income (TE) | 3,644 | 5,297 |
Applicable Income Taxes | 1,130 | 1,771 |
Net Operating Income | 2,402 | 3,443 |
Net Income | 2,402 | 3,311 |
Cash Dividends Declared | — | 2,474 |
Retained Earnings | 2,402 | 2,040 |