Sky Bank
Salineville, OH — State Member Bank
Acquired Sep 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Sky Bank | All Insured Commercial Banks in Ohio |
Interest and Fees on Loans | 490,539 | 22,834 |
Income from Lease Financing Receivables | — | 55,733 |
2,936 | 1,357 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1,581 | 629 |
Income on Loans and Leases (TE) | 492,120 | 23,545 |
Investment Interest Income (TE) | 67,834 | 5,616 |
Total Interest Income (TE) | 568,166 | 10,033 |
Total Interest Expense | 260,909 | 6,184 |
Net Interest Income (TE) | 307,257 | 5,511 |
Non-Interest Income | 94,243 | 2,576 |
Adjusted Operating Income (TE) | 401,500 | 10,016 |
Non-interest Expense | 233,042 | 4,719 |
Provision for Loan & Lease Losses | 38,983 | 18,802 |
Pretax Operating Income (TE) | 129,475 | 100,620 |
Pretax Net Operating Income (TE) | 58,791 | 98,539 |
Applicable Income Taxes | 17,768 | 37,596 |
Net Operating Income | 38,753 | 64,401 |
Net Income | 38,753 | 64,330 |
Cash Dividends Declared | 130,000 | 71,625 |
Retained Earnings | — | 17,881 |