Walworth State Bank
Walworth, WI — Domestic Branch of a Domestic Bank
Acquired Feb 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Walworth State Bank | All Insured Commercial Banks in Wisconsin |
Interest and Fees on Loans | 8,784 | 7,989 |
Income from Lease Financing Receivables | — | 1 |
141 | 67 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 71 | 33 |
Income on Loans and Leases (TE) | 8,855 | 8,032 |
Investment Interest Income (TE) | 1,548 | 1,161 |
Total Interest Income (TE) | 10,457 | 9,378 |
Total Interest Expense | 636 | 931 |
Net Interest Income (TE) | 9,821 | 8,395 |
Non-Interest Income | 1,443 | 1,612 |
Adjusted Operating Income (TE) | 11,264 | 10,125 |
Non-interest Expense | 5,759 | 6,452 |
Provision for Loan & Lease Losses | — | 171 |
Pretax Operating Income (TE) | 5,505 | 3,441 |
Pretax Net Operating Income (TE) | 5,512 | 3,482 |
Applicable Income Taxes | 8 | 635 |
Net Operating Income | 4,944 | 2,570 |
Net Income | 4,944 | 2,571 |
Cash Dividends Declared | 4,876 | 1,251 |
Retained Earnings | 68 | 1,187 |