1St Summit Bank
Johnstown, PA — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | 1St Summit Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 22,201 | 22,748 |
Income from Lease Financing Receivables | — | 24 |
497 | 516 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 268 | 268 |
Income on Loans and Leases (TE) | 22,469 | 23,278 |
Investment Interest Income (TE) | 13,679 | 3,743 |
Total Interest Income (TE) | 36,255 | 27,430 |
Total Interest Expense | 7,608 | 3,218 |
Net Interest Income (TE) | 28,647 | 24,213 |
Non-Interest Income | 4,831 | 6,081 |
Adjusted Operating Income (TE) | 33,478 | 30,595 |
Non-interest Expense | 18,690 | 20,397 |
Provision for Loan & Lease Losses | 644 | 900 |
Pretax Operating Income (TE) | 14,144 | 8,900 |
Pretax Net Operating Income (TE) | 15,740 | 9,212 |
Applicable Income Taxes | 3,063 | 2,056 |
Net Operating Income | 10,292 | 6,310 |
Net Income | 10,292 | 6,303 |
Cash Dividends Declared | 3,278 | 3,414 |
Retained Earnings | 7,014 | 2,771 |