The First National Bank Of Morgan
Morgan, UT — Domestic Branch of a Domestic Bank
Acquired Feb 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The First National Bank Of Morgan | All Insured Commercial Banks in Utah |
Interest and Fees on Loans | 4,263 | 164,241 |
Income from Lease Financing Receivables | — | 12,534 |
24 | 1,151 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 11 | 619 |
Income on Loans and Leases (TE) | 4,274 | 166,872 |
Investment Interest Income (TE) | 740 | 28,579 |
Total Interest Income (TE) | 5,340 | 139,102 |
Total Interest Expense | 1,856 | 55,719 |
Net Interest Income (TE) | 3,484 | 71,567 |
Non-Interest Income | 629 | 88,429 |
Adjusted Operating Income (TE) | 4,113 | 186,354 |
Non-interest Expense | 2,775 | 48,555 |
Provision for Loan & Lease Losses | 337 | 64,152 |
Pretax Operating Income (TE) | 1,001 | 88,251 |
Pretax Net Operating Income (TE) | 1,001 | 47,230 |
Applicable Income Taxes | 306 | 20,290 |
Net Operating Income | 598 | 30,435 |
Net Income | 598 | 30,435 |
Cash Dividends Declared | 400 | 33,863 |
Retained Earnings | 198 | 21,372 |