Metrobank, National Association
Davenport, IA — Domestic Branch of a Domestic Bank
Acquired Jul 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Metrobank, National Association | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 6,924 | 2,300 |
Income from Lease Financing Receivables | — | 117 |
69 | 44 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 31 | 22 |
Income on Loans and Leases (TE) | 6,955 | 2,314 |
Investment Interest Income (TE) | 6,416 | 536 |
Total Interest Income (TE) | 13,586 | 2,870 |
Total Interest Expense | 5,990 | 1,200 |
Net Interest Income (TE) | 7,596 | 1,667 |
Non-Interest Income | 2,462 | 310 |
Adjusted Operating Income (TE) | 10,058 | 1,985 |
Non-interest Expense | 6,934 | 1,202 |
Provision for Loan & Lease Losses | — | 137 |
Pretax Operating Income (TE) | 3,124 | 801 |
Pretax Net Operating Income (TE) | 3,126 | 805 |
Applicable Income Taxes | 483 | 199 |
Net Operating Income | 2,011 | 606 |
Net Income | 2,011 | 606 |
Cash Dividends Declared | 2,355 | 627 |
Retained Earnings | — | 417 |