Progressive Bank
Monroe, LA — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Progressive Bank | All Insured Commercial Banks in Louisiana |
Interest and Fees on Loans | 20,125 | 12,249 |
Income from Lease Financing Receivables | — | 0 |
— | 11 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 5 |
Income on Loans and Leases (TE) | 20,125 | 12,303 |
Investment Interest Income (TE) | 695 | 1,723 |
Total Interest Income (TE) | 20,999 | 14,309 |
Total Interest Expense | 963 | 1,286 |
Net Interest Income (TE) | 20,036 | 13,025 |
Non-Interest Income | 4,076 | 2,369 |
Adjusted Operating Income (TE) | 24,112 | 15,580 |
Non-interest Expense | 18,219 | 10,422 |
Provision for Loan & Lease Losses | 20 | 665 |
Pretax Operating Income (TE) | 5,873 | 3,985 |
Pretax Net Operating Income (TE) | 5,873 | 4,088 |
Applicable Income Taxes | 1,851 | 519 |
Net Operating Income | 3,932 | 3,221 |
Net Income | 3,932 | 3,221 |
Cash Dividends Declared | 2,400 | 1,724 |
Retained Earnings | 1,532 | 1,267 |