Bank Of Northumberland, Incorporated
Heathsville, VA — Domestic Branch of a Domestic Bank
Acquired Apr 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Northumberland, Incorporated | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 2,797 | 4,090 |
Income from Lease Financing Receivables | — | — |
— | 85 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 45 |
Income on Loans and Leases (TE) | 2,797 | 4,103 |
Investment Interest Income (TE) | 522 | 619 |
Total Interest Income (TE) | 3,332 | 4,858 |
Total Interest Expense | 1,174 | 1,789 |
Net Interest Income (TE) | 2,158 | 3,065 |
Non-Interest Income | 224 | 741 |
Adjusted Operating Income (TE) | 2,382 | 3,810 |
Non-interest Expense | 1,343 | 2,386 |
Provision for Loan & Lease Losses | 26 | 426 |
Pretax Operating Income (TE) | 1,013 | 7,233 |
Pretax Net Operating Income (TE) | 1,013 | 7,209 |
Applicable Income Taxes | 257 | 2,732 |
Net Operating Income | 660 | 4,558 |
Net Income | 660 | 4,558 |
Cash Dividends Declared | — | 2,336 |
Retained Earnings | 660 | 3,947 |