South Pointe Bank
Marion, IL — Domestic Branch of a Domestic Bank
Acquired Nov 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | South Pointe Bank | All Insured Commercial Banks in Illinois |
Interest and Fees on Loans | 7,249 | 6,309 |
Income from Lease Financing Receivables | — | 1,679 |
100 | 115 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 52 | 59 |
Income on Loans and Leases (TE) | 7,301 | 6,378 |
Investment Interest Income (TE) | 1,110 | 1,368 |
Total Interest Income (TE) | 8,862 | 7,897 |
Total Interest Expense | 4,378 | 3,403 |
Net Interest Income (TE) | 4,484 | 4,511 |
Non-Interest Income | 987 | 879 |
Adjusted Operating Income (TE) | 5,471 | 5,433 |
Non-interest Expense | 4,352 | 3,318 |
Provision for Loan & Lease Losses | 30 | 822 |
Pretax Operating Income (TE) | 1,089 | 7,645 |
Pretax Net Operating Income (TE) | 1,089 | 7,779 |
Applicable Income Taxes | 209 | 2,620 |
Net Operating Income | 695 | 5,234 |
Net Income | 695 | 5,234 |
Cash Dividends Declared | — | 2,818 |
Retained Earnings | 695 | 3,638 |