Morehead Bank
Morehead, KY — Domestic Branch of a Domestic Bank
Acquired Aug 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Morehead Bank | All Insured Commercial Banks in Kentucky |
Interest and Fees on Loans | 1,298 | 2,887 |
Income from Lease Financing Receivables | — | 2,947 |
2 | 30 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1 | 15 |
Income on Loans and Leases (TE) | 1,299 | 2,901 |
Investment Interest Income (TE) | 144 | 669 |
Total Interest Income (TE) | 1,462 | 3,624 |
Total Interest Expense | 524 | 1,079 |
Net Interest Income (TE) | 938 | 2,547 |
Non-Interest Income | 301 | 542 |
Adjusted Operating Income (TE) | 1,239 | 3,092 |
Non-interest Expense | 915 | 1,932 |
Provision for Loan & Lease Losses | 29 | 216 |
Pretax Operating Income (TE) | 295 | 1,997 |
Pretax Net Operating Income (TE) | 339 | 2,014 |
Applicable Income Taxes | 113 | 685 |
Net Operating Income | 224 | 1,415 |
Net Income | 224 | 1,415 |
Cash Dividends Declared | — | 1,560 |
Retained Earnings | 224 | 663 |