New Asia Bank
Chicago, IL — Domestic Branch of a Domestic Bank
Acquired Oct 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | New Asia Bank | All Insured Commercial Banks in Illinois |
Interest and Fees on Loans | 5,634 | 6,309 |
Income from Lease Financing Receivables | — | 1,679 |
— | 115 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 59 |
Income on Loans and Leases (TE) | 5,634 | 6,378 |
Investment Interest Income (TE) | 359 | 1,368 |
Total Interest Income (TE) | 6,271 | 7,897 |
Total Interest Expense | 2,889 | 3,403 |
Net Interest Income (TE) | 3,382 | 4,511 |
Non-Interest Income | 983 | 879 |
Adjusted Operating Income (TE) | 4,365 | 5,433 |
Non-interest Expense | 3,461 | 3,318 |
Provision for Loan & Lease Losses | — | 822 |
Pretax Operating Income (TE) | 904 | 7,645 |
Pretax Net Operating Income (TE) | 904 | 7,779 |
Applicable Income Taxes | 60 | 2,620 |
Net Operating Income | 838 | 5,234 |
Net Income | 838 | 5,234 |
Cash Dividends Declared | 1,500 | 2,818 |
Retained Earnings | — | 3,638 |