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 |