The Home State Bank
Loveland, CO — Domestic Branch of a Domestic Bank
Acquired Sep 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Home State Bank | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 10,254 | 5,547 |
Income from Lease Financing Receivables | 104 | 8 |
290 | 33 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 156 | 17 |
Income on Loans and Leases (TE) | 10,514 | 5,581 |
Investment Interest Income (TE) | 5,201 | 911 |
Total Interest Income (TE) | 15,797 | 6,631 |
Total Interest Expense | 1,032 | 424 |
Net Interest Income (TE) | 14,765 | 6,157 |
Non-Interest Income | 4,767 | 1,887 |
Adjusted Operating Income (TE) | 19,532 | 8,453 |
Non-interest Expense | 11,416 | 5,935 |
Provision for Loan & Lease Losses | -395 | 119 |
Pretax Operating Income (TE) | 8,511 | 2,257 |
Pretax Net Operating Income (TE) | 8,624 | 2,319 |
Applicable Income Taxes | — | 300 |
Net Operating Income | 7,489 | 1,796 |
Net Income | 7,489 | 1,796 |
Cash Dividends Declared | 2,135 | 690 |
Retained Earnings | 5,354 | 993 |