The La Porte Savings Bank
La Porte, IN — Domestic Branch of a Domestic Bank
Acquired Jul 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The La Porte Savings Bank | All Insured Savings Banks in Indiana |
Interest and Fees on Loans | 8,152 | 2,995 |
Income from Lease Financing Receivables | — | 0 |
17 | 6 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 9 | 3 |
Income on Loans and Leases (TE) | 8,161 | 3,013 |
Investment Interest Income (TE) | 1,610 | 678 |
Total Interest Income (TE) | 10,000 | 3,770 |
Total Interest Expense | 1,353 | 442 |
Net Interest Income (TE) | 8,647 | 3,320 |
Non-Interest Income | 1,348 | 1,177 |
Adjusted Operating Income (TE) | 9,995 | 4,605 |
Non-interest Expense | 7,190 | 3,497 |
Provision for Loan & Lease Losses | — | 72 |
Pretax Operating Income (TE) | 2,805 | 1,065 |
Pretax Net Operating Income (TE) | 5,725 | 1,221 |
Applicable Income Taxes | 1,659 | 295 |
Net Operating Income | 3,704 | 811 |
Net Income | 3,704 | 811 |
Cash Dividends Declared | 2,888 | 218 |
Retained Earnings | 816 | 517 |