Security State Bank
Anamosa, IA — Domestic Branch of a Domestic Bank
Acquired Jul 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Security State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 2,650 | 2,472 |
Income from Lease Financing Receivables | — | 0 |
17 | 25 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 7 | 11 |
Income on Loans and Leases (TE) | 2,657 | 2,490 |
Investment Interest Income (TE) | 172 | 611 |
Total Interest Income (TE) | 2,841 | 3,166 |
Total Interest Expense | 654 | 724 |
Net Interest Income (TE) | 2,187 | 2,434 |
Non-Interest Income | 164 | 401 |
Adjusted Operating Income (TE) | 2,351 | 2,844 |
Non-interest Expense | 1,334 | 1,724 |
Provision for Loan & Lease Losses | 50 | 140 |
Pretax Operating Income (TE) | 967 | 950 |
Pretax Net Operating Income (TE) | 967 | 974 |
Applicable Income Taxes | 326 | 99 |
Net Operating Income | 613 | 746 |
Net Income | 613 | 746 |
Cash Dividends Declared | — | 346 |
Retained Earnings | 613 | 358 |