University Bank
Ann Arbor, MI — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | University Bank | All Insured Commercial Banks in Michigan |
Interest and Fees on Loans | 5,343 | 10,938 |
Income from Lease Financing Receivables | — | 10 |
— | 29 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15 |
Income on Loans and Leases (TE) | 5,343 | 11,173 |
Investment Interest Income (TE) | 64 | 1,280 |
Total Interest Income (TE) | 5,676 | 12,846 |
Total Interest Expense | 179 | 1,055 |
Net Interest Income (TE) | 5,497 | 11,693 |
Non-Interest Income | 33,336 | 4,070 |
Adjusted Operating Income (TE) | 38,833 | 16,296 |
Non-interest Expense | 32,629 | 11,085 |
Provision for Loan & Lease Losses | 7 | 218 |
Pretax Operating Income (TE) | 6,197 | 4,891 |
Pretax Net Operating Income (TE) | 6,197 | 4,954 |
Applicable Income Taxes | 2,142 | 1,175 |
Net Operating Income | 4,055 | 3,652 |
Net Income | 3,853 | 3,589 |
Cash Dividends Declared | 100 | 1,687 |
Retained Earnings | 3,753 | 1,748 |