Valley State Bank
Lamar, CO — Domestic Branch of a Domestic Bank
Acquired Sep 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley State Bank | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 2,989 | 6,288 |
Income from Lease Financing Receivables | 1 | 78 |
32 | 62 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 15 | 30 |
Income on Loans and Leases (TE) | 3,005 | 6,314 |
Investment Interest Income (TE) | 410 | 1,626 |
Total Interest Income (TE) | 3,436 | 6,444 |
Total Interest Expense | 1,169 | 2,168 |
Net Interest Income (TE) | 2,267 | 4,197 |
Non-Interest Income | 352 | 1,016 |
Adjusted Operating Income (TE) | 2,619 | 5,216 |
Non-interest Expense | 1,249 | 3,095 |
Provision for Loan & Lease Losses | 240 | 314 |
Pretax Operating Income (TE) | 1,130 | 2,770 |
Pretax Net Operating Income (TE) | 1,130 | 2,801 |
Applicable Income Taxes | — | 1,016 |
Net Operating Income | 1,042 | 1,943 |
Net Income | 1,042 | 1,943 |
Cash Dividends Declared | 3,500 | 1,701 |
Retained Earnings | — | 1,113 |