Sand Ridge Bank
Highland, IN — Domestic Branch of a Domestic Bank
Acquired Aug 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Sand Ridge Bank | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 18,078 | 6,545 |
Income from Lease Financing Receivables | 25 | 1,826 |
95 | 169 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 51 | 89 |
Income on Loans and Leases (TE) | 18,154 | 6,649 |
Investment Interest Income (TE) | 5,421 | 1,783 |
Total Interest Income (TE) | 23,942 | 7,815 |
Total Interest Expense | 7,680 | 2,766 |
Net Interest Income (TE) | 16,262 | 5,201 |
Non-Interest Income | 6,257 | 1,528 |
Adjusted Operating Income (TE) | 22,519 | 6,601 |
Non-interest Expense | 13,250 | 4,132 |
Provision for Loan & Lease Losses | 150 | 929 |
Pretax Operating Income (TE) | 9,119 | 3,261 |
Pretax Net Operating Income (TE) | 9,121 | 3,328 |
Applicable Income Taxes | 2,558 | 2,762 |
Net Operating Income | 5,398 | 5,426 |
Net Income | 5,398 | 5,426 |
Cash Dividends Declared | 5,081 | 6,656 |
Retained Earnings | 317 | 1,085 |