The First National Bank Of Akron
Akron, IA — Domestic Branch of a Domestic Bank
Acquired Apr 2010
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | The First National Bank Of Akron | All Insured Commercial Banks in Iowa |
| Interest and Fees on Loans | 387 | 1,259 |
| Income from Lease Financing Receivables | — | 92 |
| — | 31 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 16 |
| Income on Loans and Leases (TE) | 387 | 1,268 |
| Investment Interest Income (TE) | 90 | 322 |
| Total Interest Income (TE) | 494 | 1,582 |
| Total Interest Expense | 164 | 443 |
| Net Interest Income (TE) | 330 | 1,136 |
| Non-Interest Income | 115 | 179 |
| Adjusted Operating Income (TE) | 445 | 1,315 |
| Non-interest Expense | 219 | 789 |
| Provision for Loan & Lease Losses | — | 294 |
| Pretax Operating Income (TE) | 226 | 409 |
| Pretax Net Operating Income (TE) | 226 | 418 |
| Applicable Income Taxes | 71 | 89 |
| Net Operating Income | 150 | 321 |
| Net Income | 150 | 321 |
| Cash Dividends Declared | 1,500 | 392 |
| Retained Earnings | -1,350 | 193 |