Bank Of Everett
Everett, WA — Domestic Branch of a Domestic Bank
Acquired Feb 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Everett | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 2,214 | 19,816 |
Income from Lease Financing Receivables | — | 1,576 |
— | 431 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 340 |
Income on Loans and Leases (TE) | 2,214 | 19,928 |
Investment Interest Income (TE) | 4 | 4,080 |
Total Interest Income (TE) | 2,261 | 22,042 |
Total Interest Expense | 741 | 7,392 |
Net Interest Income (TE) | 1,520 | 14,006 |
Non-Interest Income | 123 | 4,469 |
Adjusted Operating Income (TE) | 1,643 | 16,591 |
Non-interest Expense | 1,921 | 15,155 |
Provision for Loan & Lease Losses | 1,206 | 14,708 |
Pretax Operating Income (TE) | — | 2,783 |
Pretax Net Operating Income (TE) | — | 2,593 |
Applicable Income Taxes | 1,186 | 2,093 |
Net Operating Income | — | 1,813 |
Net Income | — | 1,813 |
Cash Dividends Declared | — | 1,615 |
Retained Earnings | — | 930 |