Union Bank/West
Macomb, IL — Domestic Branch of a Domestic Bank
Acquired Mar 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Union Bank/West | All Insured Commercial Banks in Illinois |
Interest and Fees on Loans | 6,253 | 6,189 |
Income from Lease Financing Receivables | — | 4,468 |
20 | 243 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 128 |
Income on Loans and Leases (TE) | 6,253 | 6,259 |
Investment Interest Income (TE) | 1,713 | 1,530 |
Total Interest Income (TE) | 8,086 | 8,009 |
Total Interest Expense | 3,298 | 2,523 |
Net Interest Income (TE) | 4,788 | 5,449 |
Non-Interest Income | 968 | 1,263 |
Adjusted Operating Income (TE) | 5,756 | 6,796 |
Non-interest Expense | 3,532 | 4,042 |
Provision for Loan & Lease Losses | 6,932 | 3,740 |
Pretax Operating Income (TE) | — | 5,198 |
Pretax Net Operating Income (TE) | — | 4,611 |
Applicable Income Taxes | — | 3,458 |
Net Operating Income | — | 3,033 |
Net Income | — | 3,058 |
Cash Dividends Declared | 630 | 7,252 |
Retained Earnings | — | 2,420 |