Oakland State Bank
Oakland, IA — Domestic Branch of a Domestic Bank
Acquired Nov 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Oakland State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 930 | 2,683 |
Income from Lease Financing Receivables | — | 87 |
— | 52 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 26 |
Income on Loans and Leases (TE) | 930 | 2,702 |
Investment Interest Income (TE) | 47 | 744 |
Total Interest Income (TE) | 1,053 | 3,469 |
Total Interest Expense | 390 | 1,078 |
Net Interest Income (TE) | 663 | 2,389 |
Non-Interest Income | 90 | 428 |
Adjusted Operating Income (TE) | 753 | 2,831 |
Non-interest Expense | 766 | 1,634 |
Provision for Loan & Lease Losses | 50 | 177 |
Pretax Operating Income (TE) | — | 1,218 |
Pretax Net Operating Income (TE) | — | 1,232 |
Applicable Income Taxes | — | 203 |
Net Operating Income | 277 | 912 |
Net Income | 277 | 911 |
Cash Dividends Declared | — | 798 |
Retained Earnings | 277 | 651 |