The First State Bank
Fairfax, OK — Domestic Branch of a Domestic Bank
Acquired Jun 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The First State Bank | All Insured Commercial Banks in Oklahoma |
Interest and Fees on Loans | 230 | 1,485 |
Income from Lease Financing Receivables | — | 3 |
— | 8 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 4 |
Income on Loans and Leases (TE) | 230 | 1,500 |
Investment Interest Income (TE) | 60 | 234 |
Total Interest Income (TE) | 302 | 1,782 |
Total Interest Expense | 32 | 201 |
Net Interest Income (TE) | 270 | 1,571 |
Non-Interest Income | 58 | 337 |
Adjusted Operating Income (TE) | 328 | 1,951 |
Non-interest Expense | 370 | 1,279 |
Provision for Loan & Lease Losses | — | 49 |
Pretax Operating Income (TE) | -42 | 581 |
Pretax Net Operating Income (TE) | -42 | 599 |
Applicable Income Taxes | — | 16 |
Net Operating Income | -42 | 526 |
Net Income | -42 | 526 |
Cash Dividends Declared | — | 220 |
Retained Earnings | -42 | 289 |