The Milton Banking Company
Wellston, OH — Domestic Branch of a Domestic Bank
Acquired Aug 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Milton Banking Company | All Insured Commercial Banks in Ohio |
Interest and Fees on Loans | 3,194 | 7,535 |
Income from Lease Financing Receivables | — | 27 |
34 | 53 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 18 | 27 |
Income on Loans and Leases (TE) | 3,212 | 7,588 |
Investment Interest Income (TE) | 55 | 1,278 |
Total Interest Income (TE) | 3,337 | 8,995 |
Total Interest Expense | 286 | 891 |
Net Interest Income (TE) | 3,051 | 8,105 |
Non-Interest Income | 394 | 2,174 |
Adjusted Operating Income (TE) | 3,445 | 10,270 |
Non-interest Expense | 2,384 | 6,472 |
Provision for Loan & Lease Losses | 90 | 265 |
Pretax Operating Income (TE) | 971 | 3,571 |
Pretax Net Operating Income (TE) | 971 | 3,641 |
Applicable Income Taxes | 204 | 946 |
Net Operating Income | 746 | 2,505 |
Net Income | 746 | 2,507 |
Cash Dividends Declared | 134 | 1,163 |
Retained Earnings | 612 | 1,176 |