Bank Of Gassaway
Gassaway, WV — Domestic Branch of a Domestic Bank
Acquired Apr 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Gassaway | All Insured Commercial Banks in West Virginia |
Interest and Fees on Loans | 1,516 | 2,598 |
Income from Lease Financing Receivables | — | 0 |
— | 29 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
Income on Loans and Leases (TE) | 1,516 | 2,614 |
Investment Interest Income (TE) | 209 | 405 |
Total Interest Income (TE) | 1,738 | 3,052 |
Total Interest Expense | 198 | 403 |
Net Interest Income (TE) | 1,540 | 2,649 |
Non-Interest Income | 256 | 650 |
Adjusted Operating Income (TE) | 1,796 | 3,330 |
Non-interest Expense | 1,435 | 2,186 |
Provision for Loan & Lease Losses | — | 134 |
Pretax Operating Income (TE) | 361 | 1,048 |
Pretax Net Operating Income (TE) | 361 | 1,048 |
Applicable Income Taxes | 101 | 278 |
Net Operating Income | 235 | 709 |
Net Income | 235 | 713 |
Cash Dividends Declared | — | 170 |
Retained Earnings | 235 | 294 |