Peak National Bank
Nederland, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Peak National Bank | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 11,597 | 11,702 |
Income from Lease Financing Receivables | — | 114 |
— | 99 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 48 |
Income on Loans and Leases (TE) | 11,597 | 11,743 |
Investment Interest Income (TE) | 1,163 | 3,642 |
Total Interest Income (TE) | 13,274 | 11,769 |
Total Interest Expense | 4,010 | 5,018 |
Net Interest Income (TE) | 9,264 | 6,798 |
Non-Interest Income | 884 | 1,870 |
Adjusted Operating Income (TE) | 10,148 | 8,607 |
Non-interest Expense | 5,738 | 5,208 |
Provision for Loan & Lease Losses | 100 | 730 |
Pretax Operating Income (TE) | 4,310 | 4,470 |
Pretax Net Operating Income (TE) | 4,310 | 4,458 |
Applicable Income Taxes | — | 1,578 |
Net Operating Income | 4,304 | 3,164 |
Net Income | 4,304 | 3,164 |
Cash Dividends Declared | 1,783 | 2,083 |
Retained Earnings | 2,521 | 1,934 |