Nevada State Bank
Las Vegas, NV — Non-member Bank
Acquired Dec 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Nevada State Bank | All Insured Commercial Banks in Nevada |
Interest and Fees on Loans | 72,156 | 22,482 |
Income from Lease Financing Receivables | 22 | 1 |
348 | 24 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 187 | 13 |
Income on Loans and Leases (TE) | 72,365 | 22,496 |
Investment Interest Income (TE) | 12,908 | 9,825 |
Total Interest Income (TE) | 88,964 | 32,786 |
Total Interest Expense | 2,485 | 2,445 |
Net Interest Income (TE) | 86,479 | 30,341 |
Non-Interest Income | 26,494 | 59,095 |
Adjusted Operating Income (TE) | 112,973 | 89,436 |
Non-interest Expense | 98,000 | 52,981 |
Provision for Loan & Lease Losses | -15,427 | 10,748 |
Pretax Operating Income (TE) | 30,400 | 25,707 |
Pretax Net Operating Income (TE) | 28,832 | 24,238 |
Applicable Income Taxes | 9,385 | 3,153 |
Net Operating Income | 18,744 | 21,022 |
Net Income | 18,744 | 21,022 |
Cash Dividends Declared | — | 32,169 |
Retained Earnings | 18,744 | -11,147 |