Wells Fargo Bank Grand Junction-Downtown, National Association
Grand Junction, CO — National Bank
Acquired Jan 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Wells Fargo Bank Grand Junction-Downtown, National Association | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | — | 13,526 |
Income from Lease Financing Receivables | — | 150 |
— | 147 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 72 |
Income on Loans and Leases (TE) | — | 13,578 |
Investment Interest Income (TE) | — | 5,068 |
Total Interest Income (TE) | 65 | 14,835 |
Total Interest Expense | 23 | 5,177 |
Net Interest Income (TE) | 42 | 9,438 |
Non-Interest Income | — | 2,817 |
Adjusted Operating Income (TE) | 42 | 12,040 |
Non-interest Expense | 54 | 7,632 |
Provision for Loan & Lease Losses | — | 3,116 |
Pretax Operating Income (TE) | — | 5,284 |
Pretax Net Operating Income (TE) | — | 4,954 |
Applicable Income Taxes | — | 1,712 |
Net Operating Income | — | 3,362 |
Net Income | — | 3,360 |
Cash Dividends Declared | — | 2,596 |
Retained Earnings | — | 1,940 |