Bank Of America, National Association
Charlotte, NC — National Bank
Active
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Bank Of America, National Association | All Insured Commercial Banks in North Carolina |
| Interest and Fees on Loans | 33,380,000 | 43,859 |
| Income from Lease Financing Receivables | 697,000 | 183 |
| 200,000 | 287 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 105,927 | 148 |
| Income on Loans and Leases (TE) | 34,182,927 | 44,236 |
| Investment Interest Income (TE) | 8,581,304 | 4,769 |
| Total Interest Income (TE) | 44,896,231 | 49,636 |
| Total Interest Expense | 1,938,000 | 4,652 |
| Net Interest Income (TE) | 42,958,231 | 44,984 |
| Non-Interest Income | 25,934,000 | 11,387 |
| Adjusted Operating Income (TE) | 68,892,231 | 56,298 |
| Non-interest Expense | 36,331,000 | 38,609 |
| Provision for Loan & Lease Losses | 3,591,000 | 1,359 |
| Pretax Operating Income (TE) | 28,970,231 | 16,556 |
| Pretax Net Operating Income (TE) | 29,450,231 | 16,646 |
| Applicable Income Taxes | 9,637,000 | 5,112 |
| Net Operating Income | 19,684,000 | 10,887 |
| Net Income | 19,684,000 | 10,887 |
| Cash Dividends Declared | 13,376,000 | 5,698 |
| Retained Earnings | 6,308,000 | 5,606 |