Abington Savings Bank
Jenkintown, PA — Domestic Branch of a Domestic Bank
Acquired Oct 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Abington Savings Bank | All Insured Savings Banks in Pennsylvania |
Interest and Fees on Loans | 27,146 | 13,169 |
Income from Lease Financing Receivables | — | 1 |
— | 37 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 27,146 | 13,231 |
Investment Interest Income (TE) | 7,631 | 3,851 |
Total Interest Income (TE) | 34,928 | 17,248 |
Total Interest Expense | 11,186 | 5,043 |
Net Interest Income (TE) | 23,742 | 12,209 |
Non-Interest Income | -847 | 1,709 |
Adjusted Operating Income (TE) | 22,895 | 13,898 |
Non-interest Expense | 33,028 | 10,079 |
Provision for Loan & Lease Losses | 91 | 1,440 |
Pretax Operating Income (TE) | -10,224 | 2,827 |
Pretax Net Operating Income (TE) | -10,224 | 3,069 |
Applicable Income Taxes | -4,134 | 576 |
Net Operating Income | -6,090 | 2,299 |
Net Income | -6,090 | 2,281 |
Cash Dividends Declared | — | 56 |
Retained Earnings | -6,090 | 1,891 |