Merrick Bank
South Jordan, UT — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Merrick Bank | All Insured Commercial Banks in Utah |
Interest and Fees on Loans | 642,599 | 144,231 |
Income from Lease Financing Receivables | — | 818 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 642,599 | 146,912 |
Investment Interest Income (TE) | 816 | 15,631 |
Total Interest Income (TE) | 644,502 | 170,509 |
Total Interest Expense | 18,496 | 9,414 |
Net Interest Income (TE) | 626,006 | 157,917 |
Non-Interest Income | 139,684 | 37,042 |
Adjusted Operating Income (TE) | 765,690 | 194,902 |
Non-interest Expense | 196,163 | 58,470 |
Provision for Loan & Lease Losses | 342,955 | 8,897 |
Pretax Operating Income (TE) | 226,572 | 98,475 |
Pretax Net Operating Income (TE) | 226,572 | 99,300 |
Applicable Income Taxes | 88,052 | 34,978 |
Net Operating Income | 138,520 | 63,063 |
Net Income | 138,520 | 63,059 |
Cash Dividends Declared | 72,000 | 20,004 |
Retained Earnings | 66,520 | 29,291 |