Red Rock Community Bank
Las Vegas, NV — Domestic Branch of a Domestic Bank
Acquired Jan 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Red Rock Community Bank | All Insured Commercial Banks in Nevada |
Interest and Fees on Loans | 5,494 | 1,213,819 |
Income from Lease Financing Receivables | — | 48,732 |
— | 21,055 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | — |
Income on Loans and Leases (TE) | 5,494 | 1,219,236 |
Investment Interest Income (TE) | 28 | 328,428 |
Total Interest Income (TE) | 5,562 | 39,656 |
Total Interest Expense | 2,305 | 7,626 |
Net Interest Income (TE) | 3,257 | 32,030 |
Non-Interest Income | 15 | 515,083 |
Adjusted Operating Income (TE) | 3,272 | 59,991 |
Non-interest Expense | 3,497 | 44,864 |
Provision for Loan & Lease Losses | 5,919 | 1,001,047 |
Pretax Operating Income (TE) | — | 98,300 |
Pretax Net Operating Income (TE) | — | 91,108 |
Applicable Income Taxes | — | 4,141 |
Net Operating Income | — | 88,595 |
Net Income | — | 88,595 |
Cash Dividends Declared | — | 37,397 |
Retained Earnings | — | 33,079 |