Peoples Bank
Morehead, KY — Domestic Branch of a Domestic Bank
Acquired Jul 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Peoples Bank | All Insured Commercial Banks in Kentucky |
Interest and Fees on Loans | 2,031 | 3,877 |
Income from Lease Financing Receivables | — | 2,365 |
12 | 47 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 6 | 23 |
Income on Loans and Leases (TE) | 2,037 | 3,896 |
Investment Interest Income (TE) | 722 | 779 |
Total Interest Income (TE) | 2,876 | 4,802 |
Total Interest Expense | 973 | 1,841 |
Net Interest Income (TE) | 1,903 | 2,940 |
Non-Interest Income | 526 | 639 |
Adjusted Operating Income (TE) | 2,429 | 3,595 |
Non-interest Expense | 1,684 | 2,287 |
Provision for Loan & Lease Losses | — | 288 |
Pretax Operating Income (TE) | 745 | 2,700 |
Pretax Net Operating Income (TE) | 745 | 2,706 |
Applicable Income Taxes | — | 980 |
Net Operating Income | 673 | 1,872 |
Net Income | 673 | 1,872 |
Cash Dividends Declared | 309 | 1,844 |
Retained Earnings | 364 | 836 |