The Peninsula Bank Of Ishpeming
Ishpeming, MI — Domestic Branch of a Domestic Bank
Acquired Dec 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Peninsula Bank Of Ishpeming | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 2,940 | 7,122 |
Income from Lease Financing Receivables | — | 2 |
1 | 24 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 2,940 | 7,183 |
Investment Interest Income (TE) | 344 | 920 |
Total Interest Income (TE) | 3,348 | 8,270 |
Total Interest Expense | 272 | 820 |
Net Interest Income (TE) | 3,076 | 7,363 |
Non-Interest Income | 1,199 | 2,079 |
Adjusted Operating Income (TE) | 4,275 | 9,924 |
Non-interest Expense | 4,069 | 7,115 |
Provision for Loan & Lease Losses | 430 | 133 |
Pretax Operating Income (TE) | -224 | 2,664 |
Pretax Net Operating Income (TE) | -223 | 2,679 |
Applicable Income Taxes | 7 | 607 |
Net Operating Income | -230 | 1,891 |
Net Income | -230 | 1,859 |
Cash Dividends Declared | 149 | 465 |
Retained Earnings | -379 | 1,238 |