Washington State Bank
Washington, IA — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Washington State Bank | All Insured Commercial Banks in Iowa |
| Interest and Fees on Loans | 7,290 | 4,429 |
| Income from Lease Financing Receivables | — | 0 |
| 83 | 34 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 43 | 17 |
| Income on Loans and Leases (TE) | 7,333 | 4,453 |
| Investment Interest Income (TE) | 1,651 | 866 |
| Total Interest Income (TE) | 9,015 | 5,468 |
| Total Interest Expense | 977 | 664 |
| Net Interest Income (TE) | 8,038 | 4,793 |
| Non-Interest Income | 1,084 | 841 |
| Adjusted Operating Income (TE) | 9,122 | 5,647 |
| Non-interest Expense | 4,309 | 3,272 |
| Provision for Loan & Lease Losses | 171 | 145 |
| Pretax Operating Income (TE) | 4,642 | 2,141 |
| Pretax Net Operating Income (TE) | 4,694 | 2,209 |
| Applicable Income Taxes | 1,046 | 236 |
| Net Operating Income | 3,148 | 1,719 |
| Net Income | 3,148 | 1,719 |
| Cash Dividends Declared | — | 808 |
| Retained Earnings | 3,148 | 862 |