Summit Bank
Tulsa, OK — Domestic Branch of a Domestic Bank
Acquired Sep 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Summit Bank | All Insured Commercial Banks in Oklahoma |
Interest and Fees on Loans | 5,416 | 2,949 |
Income from Lease Financing Receivables | — | 7 |
87 | 16 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 45 | 8 |
Income on Loans and Leases (TE) | 5,461 | 2,979 |
Investment Interest Income (TE) | 14 | 466 |
Total Interest Income (TE) | 5,518 | 3,523 |
Total Interest Expense | 461 | 385 |
Net Interest Income (TE) | 5,057 | 3,114 |
Non-Interest Income | 414 | 696 |
Adjusted Operating Income (TE) | 5,471 | 3,897 |
Non-interest Expense | 3,420 | 2,510 |
Provision for Loan & Lease Losses | 64 | 108 |
Pretax Operating Income (TE) | 1,987 | 1,212 |
Pretax Net Operating Income (TE) | 1,987 | 1,242 |
Applicable Income Taxes | — | 36 |
Net Operating Income | 1,942 | 1,094 |
Net Income | 1,942 | 1,094 |
Cash Dividends Declared | 530 | 562 |
Retained Earnings | 1,412 | 489 |