Northern Trust Bank, National Association
Phoenix, AZ — Domestic Branch of a Domestic Bank
Acquired Oct 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Northern Trust Bank, National Association | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | 54,410 | 14,682 |
Income from Lease Financing Receivables | — | 654 |
— | 161 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 80 |
Income on Loans and Leases (TE) | 54,410 | 14,778 |
Investment Interest Income (TE) | 885 | 1,465 |
Total Interest Income (TE) | 55,915 | 16,281 |
Total Interest Expense | 28,604 | 5,694 |
Net Interest Income (TE) | 27,311 | 10,589 |
Non-Interest Income | 30,110 | 2,779 |
Adjusted Operating Income (TE) | 57,421 | 14,776 |
Non-interest Expense | 31,200 | 8,653 |
Provision for Loan & Lease Losses | 17 | 594 |
Pretax Operating Income (TE) | 26,204 | 8,058 |
Pretax Net Operating Income (TE) | 26,204 | 7,895 |
Applicable Income Taxes | 10,475 | 2,850 |
Net Operating Income | 15,729 | 5,364 |
Net Income | 15,729 | 5,364 |
Cash Dividends Declared | 12,500 | 2,993 |
Retained Earnings | 3,229 | 4,147 |