Bank Of Fall River, A Co-Operative Bank
Fall River, MA — Domestic Branch of a Domestic Bank
Acquired Jan 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Fall River, A Co-Operative Bank | All Insured Commercial Banks in Massachusetts |
Interest and Fees on Loans | 6,165 | 26,730 |
Income from Lease Financing Receivables | — | 22 |
— | 317 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 150 |
Income on Loans and Leases (TE) | 6,165 | 27,028 |
Investment Interest Income (TE) | 1,538 | 6,544 |
Total Interest Income (TE) | 7,772 | 33,817 |
Total Interest Expense | 2,090 | 6,701 |
Net Interest Income (TE) | 5,682 | 27,162 |
Non-Interest Income | 598 | 15,553 |
Adjusted Operating Income (TE) | 6,280 | 42,618 |
Non-interest Expense | 5,921 | 30,092 |
Provision for Loan & Lease Losses | — | 2,753 |
Pretax Operating Income (TE) | 359 | 10,132 |
Pretax Net Operating Income (TE) | 321 | 10,647 |
Applicable Income Taxes | 63 | 2,811 |
Net Operating Income | 200 | 7,316 |
Net Income | 200 | 7,317 |
Cash Dividends Declared | — | 6,752 |
Retained Earnings | 200 | 3,292 |