Mesa National Bank
Grand Junction, CO — Domestic Branch of a Domestic Bank
Acquired Feb 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mesa National Bank | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 16,573 | 7,572 |
Income from Lease Financing Receivables | — | 87 |
— | 67 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 34 |
Income on Loans and Leases (TE) | 16,573 | 7,602 |
Investment Interest Income (TE) | 1,779 | 2,907 |
Total Interest Income (TE) | 18,415 | 8,020 |
Total Interest Expense | 3,084 | 1,865 |
Net Interest Income (TE) | 15,331 | 6,118 |
Non-Interest Income | 4,503 | 1,764 |
Adjusted Operating Income (TE) | 19,834 | 7,893 |
Non-interest Expense | 12,476 | 4,734 |
Provision for Loan & Lease Losses | 816 | 697 |
Pretax Operating Income (TE) | 6,542 | 4,023 |
Pretax Net Operating Income (TE) | 6,588 | 4,074 |
Applicable Income Taxes | — | 1,277 |
Net Operating Income | 6,533 | 2,782 |
Net Income | 6,533 | 2,782 |
Cash Dividends Declared | 4,100 | 2,238 |
Retained Earnings | 2,433 | 1,271 |