Abington Savings Bank
Abington, MA — Domestic Branch of a Domestic Bank
Acquired Apr 2004
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Abington Savings Bank | All Insured Savings Banks in Massachusetts |
| Interest and Fees on Loans | 5,286 | 2,749 |
| Income from Lease Financing Receivables | — | — |
| — | — | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | — |
| Income on Loans and Leases (TE) | 5,286 | 2,750 |
| Investment Interest Income (TE) | 3,566 | 990 |
| Total Interest Income (TE) | 8,942 | 3,813 |
| Total Interest Expense | 2,657 | 1,222 |
| Net Interest Income (TE) | 6,285 | 2,590 |
| Non-Interest Income | 3,232 | 358 |
| Adjusted Operating Income (TE) | 9,517 | 2,963 |
| Non-interest Expense | 7,208 | 2,071 |
| Provision for Loan & Lease Losses | — | 121 |
| Pretax Operating Income (TE) | 2,309 | 916 |
| Pretax Net Operating Income (TE) | 2,309 | 1,110 |
| Applicable Income Taxes | 809 | 390 |
| Net Operating Income | 1,488 | 756 |
| Net Income | 1,488 | 756 |
| Cash Dividends Declared | — | 1,788 |
| Retained Earnings | 1,488 | 833 |