Strategic Capital Bank
Champaign, IL — Non-member Bank
Acquired May 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Strategic Capital Bank | All Insured Commercial Banks in Illinois |
Interest and Fees on Loans | 3,299 | 2,116 |
Income from Lease Financing Receivables | 58 | 309 |
13 | 36 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 7 | 17 |
Income on Loans and Leases (TE) | 3,364 | 2,142 |
Investment Interest Income (TE) | 6,081 | 523 |
Total Interest Income (TE) | 9,448 | 2,632 |
Total Interest Expense | 5,891 | 1,022 |
Net Interest Income (TE) | 3,557 | 1,602 |
Non-Interest Income | 352 | 396 |
Adjusted Operating Income (TE) | 3,909 | 2,016 |
Non-interest Expense | 1,791 | 1,326 |
Provision for Loan & Lease Losses | — | 2,180 |
Pretax Operating Income (TE) | 3,656 | 1,352 |
Pretax Net Operating Income (TE) | 2,277 | 1,420 |
Applicable Income Taxes | 21 | 451 |
Net Operating Income | 1,607 | 1,048 |
Net Income | 1,607 | 1,034 |
Cash Dividends Declared | — | 591 |
Retained Earnings | 1,607 | 954 |