The Farmers And Merchants State Bank Of Virden, Illinois
Virden, IL — Domestic Branch of a Domestic Bank
Acquired Dec 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Farmers And Merchants State Bank Of Virden, Illinois | All Insured Commercial Banks in Illinois |
Interest and Fees on Loans | 2,374 | 6,954 |
Income from Lease Financing Receivables | 1 | 1,460 |
5 | 125 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 3 | 65 |
Income on Loans and Leases (TE) | 2,378 | 7,036 |
Investment Interest Income (TE) | 658 | 1,477 |
Total Interest Income (TE) | 3,374 | 8,709 |
Total Interest Expense | 1,639 | 4,181 |
Net Interest Income (TE) | 1,735 | 4,555 |
Non-Interest Income | 514 | 917 |
Adjusted Operating Income (TE) | 2,249 | 5,545 |
Non-interest Expense | 1,199 | 3,486 |
Provision for Loan & Lease Losses | — | 790 |
Pretax Operating Income (TE) | 1,050 | 8,009 |
Pretax Net Operating Income (TE) | 1,050 | 8,149 |
Applicable Income Taxes | — | 2,743 |
Net Operating Income | 1,019 | 5,528 |
Net Income | 1,019 | 5,528 |
Cash Dividends Declared | 1,170 | 5,818 |
Retained Earnings | — | 2,128 |