The Guernsey Bank
Worthington, OH — Domestic Branch of a Domestic Bank
Acquired Aug 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Guernsey Bank | All Insured Commercial Banks in Ohio |
Interest and Fees on Loans | 1,930 | 5,981 |
Income from Lease Financing Receivables | — | 14 |
— | 41 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 21 |
Income on Loans and Leases (TE) | 1,930 | 6,015 |
Investment Interest Income (TE) | 437 | 1,248 |
Total Interest Income (TE) | 2,403 | 7,349 |
Total Interest Expense | 547 | 799 |
Net Interest Income (TE) | 1,856 | 6,551 |
Non-Interest Income | 43 | 1,762 |
Adjusted Operating Income (TE) | 1,899 | 8,306 |
Non-interest Expense | 1,977 | 5,407 |
Provision for Loan & Lease Losses | — | 184 |
Pretax Operating Income (TE) | -78 | 2,751 |
Pretax Net Operating Income (TE) | -78 | 2,780 |
Applicable Income Taxes | — | 679 |
Net Operating Income | -78 | 1,954 |
Net Income | -78 | 1,957 |
Cash Dividends Declared | 176 | 553 |
Retained Earnings | -254 | 1,093 |