Utah Independent Bank
Salina, UT — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Utah Independent Bank | All Insured Commercial Banks in Utah |
Interest and Fees on Loans | 2,841 | 144,231 |
Income from Lease Financing Receivables | — | 818 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 2,841 | 146,912 |
Investment Interest Income (TE) | 151 | 15,631 |
Total Interest Income (TE) | 3,055 | 170,509 |
Total Interest Expense | 119 | 9,414 |
Net Interest Income (TE) | 2,936 | 157,917 |
Non-Interest Income | 735 | 37,042 |
Adjusted Operating Income (TE) | 3,671 | 194,902 |
Non-interest Expense | 2,560 | 58,470 |
Provision for Loan & Lease Losses | — | 8,897 |
Pretax Operating Income (TE) | 1,111 | 98,475 |
Pretax Net Operating Income (TE) | 1,113 | 99,300 |
Applicable Income Taxes | — | 34,978 |
Net Operating Income | 1,113 | 63,063 |
Net Income | 1,113 | 63,059 |
Cash Dividends Declared | 537 | 20,004 |
Retained Earnings | 576 | 29,291 |