American Marine Bank
Bainbridge Island, WA — Non-member Bank
Acquired Jan 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | American Marine Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 16,219 | 19,816 |
Income from Lease Financing Receivables | — | 1,576 |
121 | 431 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 340 |
Income on Loans and Leases (TE) | 16,219 | 19,928 |
Investment Interest Income (TE) | 2,083 | 4,080 |
Total Interest Income (TE) | 18,382 | 22,042 |
Total Interest Expense | 6,207 | 7,392 |
Net Interest Income (TE) | 12,175 | 14,006 |
Non-Interest Income | 1,209 | 4,469 |
Adjusted Operating Income (TE) | 13,384 | 16,591 |
Non-interest Expense | 15,708 | 15,155 |
Provision for Loan & Lease Losses | 30,809 | 14,708 |
Pretax Operating Income (TE) | — | 2,783 |
Pretax Net Operating Income (TE) | — | 2,593 |
Applicable Income Taxes | — | 2,093 |
Net Operating Income | — | 1,813 |
Net Income | — | 1,813 |
Cash Dividends Declared | 58 | 1,615 |
Retained Earnings | — | 930 |