Security State Bank
Sheldon, IA — Domestic Branch of a Domestic Bank
Acquired Apr 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Security State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 737 | 1,110 |
Income from Lease Financing Receivables | — | 61 |
8 | 22 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 3 | 11 |
Income on Loans and Leases (TE) | 740 | 1,118 |
Investment Interest Income (TE) | 58 | 268 |
Total Interest Income (TE) | 801 | 1,390 |
Total Interest Expense | 366 | 565 |
Net Interest Income (TE) | 435 | 824 |
Non-Interest Income | 97 | 154 |
Adjusted Operating Income (TE) | 532 | 979 |
Non-interest Expense | 314 | 599 |
Provision for Loan & Lease Losses | — | 64 |
Pretax Operating Income (TE) | 218 | 418 |
Pretax Net Operating Income (TE) | 218 | 432 |
Applicable Income Taxes | 67 | 109 |
Net Operating Income | 142 | 339 |
Net Income | 142 | 339 |
Cash Dividends Declared | — | 431 |
Retained Earnings | 142 | 237 |