Sears National Bank
Tempe, AZ — National Bank
Acquired Nov 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Sears National Bank | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | — | 2,709 |
Income from Lease Financing Receivables | — | 59 |
— | 30 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 19 |
Income on Loans and Leases (TE) | — | 2,718 |
Investment Interest Income (TE) | 5 | 380 |
Total Interest Income (TE) | 116 | 2,522 |
Total Interest Expense | 3 | 505 |
Net Interest Income (TE) | 113 | 1,973 |
Non-Interest Income | — | 2,176 |
Adjusted Operating Income (TE) | 113 | 3,842 |
Non-interest Expense | 26 | 2,531 |
Provision for Loan & Lease Losses | — | 226 |
Pretax Operating Income (TE) | 87 | 2,617 |
Pretax Net Operating Income (TE) | 87 | 2,705 |
Applicable Income Taxes | — | 1,302 |
Net Operating Income | 87 | 1,731 |
Net Income | 87 | 1,731 |
Cash Dividends Declared | — | 3,638 |
Retained Earnings | 87 | 1,096 |