United Commerce Bank
Bloomington, IN — Domestic Branch of a Domestic Bank
Acquired Oct 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | United Commerce Bank | All Insured Commercial Banks in Indiana |
Interest and Fees on Loans | 3,417 | 10,222 |
Income from Lease Financing Receivables | — | 42 |
12 | 59 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 6 | 31 |
Income on Loans and Leases (TE) | 3,423 | 10,377 |
Investment Interest Income (TE) | 285 | 1,850 |
Total Interest Income (TE) | 3,742 | 12,544 |
Total Interest Expense | 259 | 1,503 |
Net Interest Income (TE) | 3,483 | 10,976 |
Non-Interest Income | 456 | 3,372 |
Adjusted Operating Income (TE) | 3,939 | 14,350 |
Non-interest Expense | 3,573 | 9,050 |
Provision for Loan & Lease Losses | — | 403 |
Pretax Operating Income (TE) | 366 | 4,736 |
Pretax Net Operating Income (TE) | 369 | 4,843 |
Applicable Income Taxes | 173 | 1,036 |
Net Operating Income | 177 | 3,406 |
Net Income | 177 | 3,406 |
Cash Dividends Declared | — | 1,460 |
Retained Earnings | 177 | 1,674 |