Ravenswood Bank
Chicago, IL — Non-member Bank
Acquired Aug 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Ravenswood Bank | All Insured Commercial Banks in Illinois |
Interest and Fees on Loans | 4,663 | 3,843 |
Income from Lease Financing Receivables | — | 2 |
— | 15 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 6 |
Income on Loans and Leases (TE) | 4,663 | 3,871 |
Investment Interest Income (TE) | 877 | 789 |
Total Interest Income (TE) | 5,612 | 4,771 |
Total Interest Expense | 4,898 | 1,324 |
Net Interest Income (TE) | 714 | 3,425 |
Non-Interest Income | 549 | 604 |
Adjusted Operating Income (TE) | 1,263 | 4,147 |
Non-interest Expense | 5,364 | 2,800 |
Provision for Loan & Lease Losses | 12,807 | 775 |
Pretax Operating Income (TE) | -16,908 | 554 |
Pretax Net Operating Income (TE) | -16,680 | 617 |
Applicable Income Taxes | — | 83 |
Net Operating Income | -16,680 | 466 |
Net Income | -16,680 | 462 |
Cash Dividends Declared | — | 168 |
Retained Earnings | -16,680 | 224 |