Symphony Bank
Indianapolis, IN — Domestic Branch of a Domestic Bank
Acquired Jan 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Symphony Bank | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 2,151 | 16,415 |
Income from Lease Financing Receivables | — | 3,486 |
— | 559 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 311 |
Income on Loans and Leases (TE) | 2,151 | 16,679 |
Investment Interest Income (TE) | 372 | 3,375 |
Total Interest Income (TE) | 2,572 | 20,166 |
Total Interest Expense | 1,363 | 7,920 |
Net Interest Income (TE) | 1,209 | 12,218 |
Non-Interest Income | 54 | 3,094 |
Adjusted Operating Income (TE) | 1,263 | 15,520 |
Non-interest Expense | 3,226 | 10,107 |
Provision for Loan & Lease Losses | 932 | 6,785 |
Pretax Operating Income (TE) | — | 6,592 |
Pretax Net Operating Income (TE) | — | 6,205 |
Applicable Income Taxes | — | 1,502 |
Net Operating Income | — | 4,384 |
Net Income | — | 4,384 |
Cash Dividends Declared | — | 3,632 |
Retained Earnings | — | 1,959 |