Old Mission Bank
Sault Sainte Marie, MI — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Old Mission Bank | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 3,699 | 10,938 |
Income from Lease Financing Receivables | — | 10 |
27 | 29 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 12 | 15 |
Income on Loans and Leases (TE) | 3,711 | 11,173 |
Investment Interest Income (TE) | 872 | 1,280 |
Total Interest Income (TE) | 4,651 | 12,846 |
Total Interest Expense | 525 | 1,055 |
Net Interest Income (TE) | 4,126 | 11,693 |
Non-Interest Income | 830 | 4,070 |
Adjusted Operating Income (TE) | 4,956 | 16,296 |
Non-interest Expense | 3,855 | 11,085 |
Provision for Loan & Lease Losses | 26 | 218 |
Pretax Operating Income (TE) | 1,075 | 4,891 |
Pretax Net Operating Income (TE) | 1,157 | 4,954 |
Applicable Income Taxes | 193 | 1,175 |
Net Operating Income | 802 | 3,652 |
Net Income | 802 | 3,589 |
Cash Dividends Declared | 350 | 1,687 |
Retained Earnings | 452 | 1,748 |