Bank Analysis School Case Study

FDIC Certificate # XXXX OCC Charter # 0 Public Report

SUNNY STATE BANK QTR Income Statement --Page 2a

QTR Income Statement $

Percent Change Prior Year QTR

12/31/20X5

12/31/20X4

12/31/20X3

12/31/20X2

12/31/20X1

603

621

618

602

587

-2.90

Interest and Fees on Loans Income From Lease Financing

0 0 0

0 0 0

0 0 0

0 0 0

0 1 1

N/A N/A N/A

Tax-Exempt

Estimated Tax Benefit

Income on Loans & Leases (TE)

603

621

618

602

588

-2.90

US Treas & Agency (Excl MBS) Mortgage Backed Securities

42 79 35 35 0

38 78 38 38 -34 120

35 61 36 33 33

43 65 69 49 49

53 53 91 82 82

10.53 1.28 100.00

Estimated Tax Benefit

All Other Securities

-7.89 -7.89 30.00

Tax-Exempt Securities Income Investment Interest Income (TE) Interest on Due From Banks Int on Fed Funds Sold & Resales

156

165

226

279

2 0

1 0

0 2 0 4

0 1 0 5

0 0 0 6

100.00

N/A N/A

Trading Account Income Other Interest Income

N/A

N/A

7

6

16.67

Total Interest Income (TE)

768

748

789

835

872

2.67

Int on Deposits in Foreign Off Interest on Domestic Deposits Int on Fed Funds Purch & Repos Int Trad Liab & Oth Borrowings Int on Sub Notes & Debentures

N/A

N/A

N/A

N/A

N/A

N/A

75

64

59

60

79

17.19 166.67

8

3

0

0

0

13

12

18

12

18

8.33 N/A N/A

0

0

0

0

0

Other Interest Expense

N/A

N/A

N/A

N/A

N/A

Total Interest Expense

96

79

77

72

97

21.52

Net Interest Income (TE)

672 105 777 633 144 148 N/A

669

712 214 926

763 137 900 678 222 N/A 218 4

775

0.45

Non-interest Income

90

94

16.67 2.37

Adjusted Operating Income (TE)

759

869

Non-Interest Expense

839 -80 108 N/A -188

827

687 182 N/A 111 71 146 N/A 257 -14 91 0

-24.55

Pre-Provision Net Revenue (TE) Provision: Loan & Lease Losses Provision: Credit Losses Other Assets Pretax Operating Income (TE) Realized G/L Hld-to-Maturity Sec Realized G/L Avail-for Sale Sec Unrealized G/L Equity Securities Pretax Net Operating Inc (TE)

99 15

N/A

37.04

N/A

N/A N/A N/A N/A N/A N/A

-4

84

0 0

0 0

0 1

0

91

N/A

N/A -188 185 -34

N/A

N/A 309

-4

85

Applicable Income Taxes Current Tax Equiv Adjustment Other Tax Equiv Adjustments Applicable Income Taxes (TE)

-15

4

29 70

-108.11 100.00

0 0

36

0

0

0

0

N/A

-15

151

40

99

77

-109.93

Net Operating Income

11

-339

45

210

180

N/A

Net Discontinued / Extraordinary Items Net Inc Noncontrolling Minority Interests

0 0

0 0

0 0

0 0

0 0

N/A N/A N/A N/A N/A N/A

Net Income

11

-339

45

210

180

Cash Dividends Declared

0

0

83 -38 N/A

82

96 84

Retained Earnings

11

-339 N/A

128 N/A

Memo: Net International Income Memo: Interest on Time Dep Over Ins Limit

N/A

N/A

5

6

12

14

21

-16.67

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