Western Security Bank
Billings, MT — Domestic Branch of a Domestic Bank
Acquired May 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Western Security Bank | All Insured Commercial Banks in Montana |
Interest and Fees on Loans | 3,664 | 1,476 |
Income from Lease Financing Receivables | — | 0 |
— | 9 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 5 |
Income on Loans and Leases (TE) | 3,664 | 1,481 |
Investment Interest Income (TE) | 3,612 | 322 |
Total Interest Income (TE) | 7,282 | 1,864 |
Total Interest Expense | 1,233 | 250 |
Net Interest Income (TE) | 6,049 | 1,612 |
Non-Interest Income | 1,860 | 303 |
Adjusted Operating Income (TE) | 7,909 | 1,927 |
Non-interest Expense | 3,896 | 1,163 |
Provision for Loan & Lease Losses | 150 | 179 |
Pretax Operating Income (TE) | 3,863 | 616 |
Pretax Net Operating Income (TE) | 3,863 | 628 |
Applicable Income Taxes | 620 | 91 |
Net Operating Income | 2,389 | 450 |
Net Income | 2,389 | 450 |
Cash Dividends Declared | 2,000 | 163 |
Retained Earnings | 389 | 254 |