The Village Bank
Saint George, UT — Domestic Branch of a Domestic Bank
Acquired Mar 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Village Bank | All Insured Commercial Banks in Utah |
Interest and Fees on Loans | 4,446 | 106,437 |
Income from Lease Financing Receivables | — | 1,930 |
4 | 7 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2 | 4 |
Income on Loans and Leases (TE) | 4,448 | 112,184 |
Investment Interest Income (TE) | 162 | 13,379 |
Total Interest Income (TE) | 4,641 | 131,384 |
Total Interest Expense | 516 | 17,076 |
Net Interest Income (TE) | 4,125 | 108,211 |
Non-Interest Income | 2 | 37,614 |
Adjusted Operating Income (TE) | 4,127 | 151,848 |
Non-interest Expense | 3,868 | 52,593 |
Provision for Loan & Lease Losses | 14 | 7,690 |
Pretax Operating Income (TE) | 245 | 85,880 |
Pretax Net Operating Income (TE) | 245 | 87,875 |
Applicable Income Taxes | 79 | 31,263 |
Net Operating Income | 156 | 55,791 |
Net Income | 156 | 55,791 |
Cash Dividends Declared | — | 14,578 |
Retained Earnings | 156 | 28,784 |