Prospect Bank
Columbus, OH — Domestic Branch of a Domestic Bank
Acquired Dec 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Prospect Bank | All Insured Commercial Banks in Ohio |
Interest and Fees on Loans | 8,092 | 20,215 |
Income from Lease Financing Receivables | — | 47,755 |
— | 789 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 435 |
Income on Loans and Leases (TE) | 8,092 | 21,160 |
Investment Interest Income (TE) | 20 | 2,279 |
Total Interest Income (TE) | 8,161 | 11,263 |
Total Interest Expense | 3,081 | 4,107 |
Net Interest Income (TE) | 5,080 | 7,810 |
Non-Interest Income | 406 | 3,547 |
Adjusted Operating Income (TE) | 5,486 | 11,503 |
Non-interest Expense | 3,134 | 7,406 |
Provision for Loan & Lease Losses | 193 | 8,928 |
Pretax Operating Income (TE) | 2,159 | 30,240 |
Pretax Net Operating Income (TE) | 2,159 | 30,460 |
Applicable Income Taxes | 691 | 20,209 |
Net Operating Income | 1,468 | 14,292 |
Net Income | 1,468 | 14,292 |
Cash Dividends Declared | — | 30,498 |
Retained Earnings | 1,468 | 19,117 |