Mount Sterling Bank
Mount Sterling, KY — Domestic Branch of a Domestic Bank
Acquired Aug 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mount Sterling Bank | All Insured Commercial Banks in Kentucky |
Interest and Fees on Loans | 2,364 | 2,887 |
Income from Lease Financing Receivables | — | 2,947 |
— | 30 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15 |
Income on Loans and Leases (TE) | 2,364 | 2,901 |
Investment Interest Income (TE) | 556 | 669 |
Total Interest Income (TE) | 2,963 | 3,624 |
Total Interest Expense | 799 | 1,079 |
Net Interest Income (TE) | 2,164 | 2,547 |
Non-Interest Income | 420 | 542 |
Adjusted Operating Income (TE) | 2,584 | 3,092 |
Non-interest Expense | 1,473 | 1,932 |
Provision for Loan & Lease Losses | 120 | 216 |
Pretax Operating Income (TE) | 991 | 1,997 |
Pretax Net Operating Income (TE) | 991 | 2,014 |
Applicable Income Taxes | 247 | 685 |
Net Operating Income | 641 | 1,415 |
Net Income | 641 | 1,415 |
Cash Dividends Declared | 900 | 1,560 |
Retained Earnings | — | 663 |