The Commercial State Bank
Clay Center, NE — Domestic Branch of a Domestic Bank
Acquired Mar 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Commercial State Bank | All Insured Commercial Banks in Nebraska |
Interest and Fees on Loans | 1,342 | 3,112 |
Income from Lease Financing Receivables | — | 243 |
— | 56 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 27 |
Income on Loans and Leases (TE) | 1,342 | 3,138 |
Investment Interest Income (TE) | 670 | 730 |
Total Interest Income (TE) | 2,026 | 3,887 |
Total Interest Expense | 786 | 1,493 |
Net Interest Income (TE) | 1,240 | 2,420 |
Non-Interest Income | 195 | 362 |
Adjusted Operating Income (TE) | 1,435 | 2,824 |
Non-interest Expense | 804 | 1,625 |
Provision for Loan & Lease Losses | 24 | 806 |
Pretax Operating Income (TE) | 607 | 1,348 |
Pretax Net Operating Income (TE) | 612 | 1,376 |
Applicable Income Taxes | 156 | 655 |
Net Operating Income | 406 | 943 |
Net Income | 406 | 937 |
Cash Dividends Declared | 36 | 962 |
Retained Earnings | 370 | 911 |