Waukee State Bank
Waukee, IA — Domestic Branch of a Domestic Bank
Acquired Aug 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Waukee State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 1,067 | 2,300 |
Income from Lease Financing Receivables | — | 117 |
4 | 44 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2 | 22 |
Income on Loans and Leases (TE) | 1,069 | 2,314 |
Investment Interest Income (TE) | 420 | 536 |
Total Interest Income (TE) | 1,576 | 2,870 |
Total Interest Expense | 692 | 1,200 |
Net Interest Income (TE) | 884 | 1,667 |
Non-Interest Income | 171 | 310 |
Adjusted Operating Income (TE) | 1,055 | 1,985 |
Non-interest Expense | 738 | 1,202 |
Provision for Loan & Lease Losses | 12 | 137 |
Pretax Operating Income (TE) | 305 | 801 |
Pretax Net Operating Income (TE) | 305 | 805 |
Applicable Income Taxes | 89 | 199 |
Net Operating Income | 189 | 606 |
Net Income | 189 | 606 |
Cash Dividends Declared | — | 627 |
Retained Earnings | 189 | 417 |