The Citizens State Bank Of Cortez
Cortez, CO — Domestic Branch of a Domestic Bank
Acquired Oct 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Citizens State Bank Of Cortez | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 1,881 | 5,965 |
Income from Lease Financing Receivables | — | 10 |
— | 23 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 10 |
Income on Loans and Leases (TE) | 1,881 | 5,995 |
Investment Interest Income (TE) | 200 | 1,213 |
Total Interest Income (TE) | 2,100 | 7,350 |
Total Interest Expense | 258 | 655 |
Net Interest Income (TE) | 1,842 | 6,681 |
Non-Interest Income | 496 | 2,014 |
Adjusted Operating Income (TE) | 2,338 | 9,007 |
Non-interest Expense | 2,266 | 6,889 |
Provision for Loan & Lease Losses | 17 | 154 |
Pretax Operating Income (TE) | 55 | 2,006 |
Pretax Net Operating Income (TE) | -154 | 2,028 |
Applicable Income Taxes | 64 | 208 |
Net Operating Income | -218 | 1,640 |
Net Income | -218 | 1,640 |
Cash Dividends Declared | — | 684 |
Retained Earnings | -218 | 807 |