Sunfirst Bank
Saint George, UT — Non-member Bank
Acquired Nov 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Sunfirst Bank | All Insured Commercial Banks in Utah |
Interest and Fees on Loans | 5,111 | 64,312 |
Income from Lease Financing Receivables | — | 828 |
— | 5 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 5,111 | 66,552 |
Investment Interest Income (TE) | 444 | 10,273 |
Total Interest Income (TE) | 5,637 | 83,320 |
Total Interest Expense | 1,972 | 13,359 |
Net Interest Income (TE) | 3,665 | 62,623 |
Non-Interest Income | -1,356 | 17,015 |
Adjusted Operating Income (TE) | 2,309 | 85,220 |
Non-interest Expense | 4,672 | 21,952 |
Provision for Loan & Lease Losses | 9,701 | 5,840 |
Pretax Operating Income (TE) | -12,064 | 53,003 |
Pretax Net Operating Income (TE) | -12,061 | 55,122 |
Applicable Income Taxes | -4,547 | 15,961 |
Net Operating Income | -7,514 | 35,146 |
Net Income | -7,514 | 35,146 |
Cash Dividends Declared | — | 2,787 |
Retained Earnings | -7,514 | 24,381 |