Valley Bank & Trust
Cherokee, IA — Domestic Branch of a Domestic Bank
Acquired Oct 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley Bank & Trust | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 1,068 | 3,779 |
Income from Lease Financing Receivables | — | 1 |
— | 38 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 18 |
Income on Loans and Leases (TE) | 1,068 | 3,805 |
Investment Interest Income (TE) | 5 | 936 |
Total Interest Income (TE) | 1,085 | 4,839 |
Total Interest Expense | 214 | 1,081 |
Net Interest Income (TE) | 871 | 3,747 |
Non-Interest Income | 116 | 634 |
Adjusted Operating Income (TE) | 987 | 4,407 |
Non-interest Expense | 732 | 2,614 |
Provision for Loan & Lease Losses | 118 | 213 |
Pretax Operating Income (TE) | 137 | 1,510 |
Pretax Net Operating Income (TE) | 137 | 1,565 |
Applicable Income Taxes | 7 | 159 |
Net Operating Income | 130 | 1,202 |
Net Income | 130 | 1,202 |
Cash Dividends Declared | — | 522 |
Retained Earnings | 130 | 619 |