Sky Trust, National Association
Pepper Pike, OH — National Bank
Acquired Aug 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Sky Trust, National Association | All Insured Commercial Banks in Ohio |
Interest and Fees on Loans | — | 22,834 |
Income from Lease Financing Receivables | — | 55,733 |
— | 1,357 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 629 |
Income on Loans and Leases (TE) | — | 23,545 |
Investment Interest Income (TE) | 2 | 5,616 |
Total Interest Income (TE) | 103 | 10,033 |
Total Interest Expense | — | 6,184 |
Net Interest Income (TE) | 103 | 5,511 |
Non-Interest Income | 14,820 | 2,576 |
Adjusted Operating Income (TE) | 14,923 | 10,016 |
Non-interest Expense | 11,229 | 4,719 |
Provision for Loan & Lease Losses | — | 18,802 |
Pretax Operating Income (TE) | 3,694 | 100,620 |
Pretax Net Operating Income (TE) | 3,694 | 98,539 |
Applicable Income Taxes | 1,350 | 37,596 |
Net Operating Income | 2,344 | 64,401 |
Net Income | 2,344 | 64,330 |
Cash Dividends Declared | — | 71,625 |
Retained Earnings | 2,344 | 17,881 |