The Citizens Bank
Farmington, NM — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Citizens Bank | All Insured Commercial Banks in New Mexico |
Interest and Fees on Loans | 11,393 | 9,599 |
Income from Lease Financing Receivables | — | 3 |
— | 56 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 29 |
Income on Loans and Leases (TE) | 11,393 | 9,634 |
Investment Interest Income (TE) | 11,793 | 2,848 |
Total Interest Income (TE) | 23,331 | 12,748 |
Total Interest Expense | 2,354 | 719 |
Net Interest Income (TE) | 20,977 | 12,029 |
Non-Interest Income | 5,230 | 2,506 |
Adjusted Operating Income (TE) | 26,207 | 14,643 |
Non-interest Expense | 14,119 | 9,471 |
Provision for Loan & Lease Losses | 64 | 373 |
Pretax Operating Income (TE) | 12,024 | 4,279 |
Pretax Net Operating Income (TE) | 12,147 | 4,437 |
Applicable Income Taxes | — | 55 |
Net Operating Income | 10,451 | 4,263 |
Net Income | 10,451 | 4,263 |
Cash Dividends Declared | 11,650 | 2,176 |
Retained Earnings | -1,199 | 1,786 |