Valley State Bank
Guttenberg, IA — Domestic Branch of a Domestic Bank
Acquired Feb 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 1,754 | 4,803 |
Income from Lease Financing Receivables | — | 216 |
— | 93 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 45 |
Income on Loans and Leases (TE) | 1,754 | 4,833 |
Investment Interest Income (TE) | 230 | 1,057 |
Total Interest Income (TE) | 2,019 | 5,954 |
Total Interest Expense | 1,077 | 2,623 |
Net Interest Income (TE) | 942 | 3,325 |
Non-Interest Income | 155 | 625 |
Adjusted Operating Income (TE) | 1,097 | 3,963 |
Non-interest Expense | 602 | 2,429 |
Provision for Loan & Lease Losses | 14 | 278 |
Pretax Operating Income (TE) | 481 | 1,712 |
Pretax Net Operating Income (TE) | 481 | 1,696 |
Applicable Income Taxes | 173 | 304 |
Net Operating Income | 301 | 1,242 |
Net Income | 301 | 1,242 |
Cash Dividends Declared | 285 | 1,035 |
Retained Earnings | 16 | 779 |