Security State Bank
Guttenberg, IA — Domestic Branch of a Domestic Bank
Acquired Aug 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Security State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 1,458 | 2,472 |
Income from Lease Financing Receivables | — | 0 |
4 | 25 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2 | 11 |
Income on Loans and Leases (TE) | 1,460 | 2,490 |
Investment Interest Income (TE) | 619 | 611 |
Total Interest Income (TE) | 2,104 | 3,166 |
Total Interest Expense | 565 | 724 |
Net Interest Income (TE) | 1,539 | 2,434 |
Non-Interest Income | 130 | 401 |
Adjusted Operating Income (TE) | 1,669 | 2,844 |
Non-interest Expense | 748 | 1,724 |
Provision for Loan & Lease Losses | 60 | 140 |
Pretax Operating Income (TE) | 861 | 950 |
Pretax Net Operating Income (TE) | 861 | 974 |
Applicable Income Taxes | 48 | 99 |
Net Operating Income | 667 | 746 |
Net Income | 667 | 746 |
Cash Dividends Declared | 350 | 346 |
Retained Earnings | 317 | 358 |