Stearns Bank Arizona National Association
Scottsdale, AZ — Domestic Branch of a Domestic Bank
Acquired Dec 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Stearns Bank Arizona National Association | All Insured Commercial Banks in Arizona |
Interest and Fees on Loans | 14,107 | 10,244 |
Income from Lease Financing Receivables | 356 | 4,220 |
— | 137 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 55 |
Income on Loans and Leases (TE) | 14,463 | 10,598 |
Investment Interest Income (TE) | 85 | 999 |
Total Interest Income (TE) | 15,645 | 11,600 |
Total Interest Expense | 5,181 | 4,670 |
Net Interest Income (TE) | 10,464 | 6,930 |
Non-Interest Income | 2,026 | 1,772 |
Adjusted Operating Income (TE) | 12,490 | 8,004 |
Non-interest Expense | 4,483 | 5,935 |
Provision for Loan & Lease Losses | 2,700 | 1,921 |
Pretax Operating Income (TE) | 5,307 | 5,214 |
Pretax Net Operating Income (TE) | 5,307 | 5,369 |
Applicable Income Taxes | — | 1,992 |
Net Operating Income | 5,307 | 3,713 |
Net Income | 5,307 | 3,700 |
Cash Dividends Declared | 3,050 | 4,898 |
Retained Earnings | 2,257 | 2,036 |