The Cleveland Bank
Cleveland, OK — Domestic Branch of a Domestic Bank
Acquired Jan 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Cleveland Bank | All Insured Commercial Banks in Oklahoma |
Interest and Fees on Loans | 2,091 | 5,874 |
Income from Lease Financing Receivables | — | 13 |
— | 35 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 16 |
Income on Loans and Leases (TE) | 2,091 | 5,931 |
Investment Interest Income (TE) | 334 | 1,027 |
Total Interest Income (TE) | 2,447 | 7,183 |
Total Interest Expense | 361 | 919 |
Net Interest Income (TE) | 2,086 | 6,218 |
Non-Interest Income | 405 | 1,368 |
Adjusted Operating Income (TE) | 2,491 | 7,751 |
Non-interest Expense | 2,319 | 5,042 |
Provision for Loan & Lease Losses | 298 | 323 |
Pretax Operating Income (TE) | -126 | 2,243 |
Pretax Net Operating Income (TE) | 286 | 2,364 |
Applicable Income Taxes | — | 76 |
Net Operating Income | 219 | 2,069 |
Net Income | 219 | 2,071 |
Cash Dividends Declared | — | 1,315 |
Retained Earnings | 219 | 731 |