Ohio Commerce Bank
Beachwood, OH — Domestic Branch of a Domestic Bank
Acquired Oct 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Ohio Commerce Bank | All Insured Commercial Banks in Ohio |
Interest and Fees on Loans | 3,562 | 7,681 |
Income from Lease Financing Receivables | — | 1 |
— | 45 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 23 |
Income on Loans and Leases (TE) | 3,562 | 7,720 |
Investment Interest Income (TE) | 55 | 1,504 |
Total Interest Income (TE) | 3,667 | 9,332 |
Total Interest Expense | 344 | 1,131 |
Net Interest Income (TE) | 3,323 | 8,106 |
Non-Interest Income | 370 | 2,280 |
Adjusted Operating Income (TE) | 3,693 | 10,375 |
Non-interest Expense | 2,669 | 6,873 |
Provision for Loan & Lease Losses | 315 | 265 |
Pretax Operating Income (TE) | 709 | 3,133 |
Pretax Net Operating Income (TE) | 709 | 3,239 |
Applicable Income Taxes | 247 | 746 |
Net Operating Income | 462 | 2,270 |
Net Income | 462 | 2,266 |
Cash Dividends Declared | — | 740 |
Retained Earnings | 462 | 1,082 |