Valley National Bank
Espanola, NM — Domestic Branch of a Domestic Bank
Acquired Jan 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley National Bank | All Insured Commercial Banks in New Mexico |
Interest and Fees on Loans | 3,344 | 8,644 |
Income from Lease Financing Receivables | — | 4 |
— | 19 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 10 |
Income on Loans and Leases (TE) | 3,344 | 8,685 |
Investment Interest Income (TE) | 1,147 | 2,325 |
Total Interest Income (TE) | 4,642 | 11,498 |
Total Interest Expense | 766 | 841 |
Net Interest Income (TE) | 3,876 | 10,645 |
Non-Interest Income | 677 | 2,543 |
Adjusted Operating Income (TE) | 4,553 | 13,171 |
Non-interest Expense | 6,916 | 9,420 |
Provision for Loan & Lease Losses | — | 308 |
Pretax Operating Income (TE) | -2,363 | 3,375 |
Pretax Net Operating Income (TE) | -2,401 | 3,428 |
Applicable Income Taxes | — | 262 |
Net Operating Income | -2,401 | 2,514 |
Net Income | -2,401 | 2,499 |
Cash Dividends Declared | — | 1,613 |
Retained Earnings | -2,401 | 651 |