Bank Of Salem
Salem, OR — Domestic Branch of a Domestic Bank
Acquired Dec 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Salem | All Insured Commercial Banks in Oregon |
Interest and Fees on Loans | 13,457 | 30,034 |
Income from Lease Financing Receivables | — | 2,924 |
— | 270 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 142 |
Income on Loans and Leases (TE) | 13,457 | 30,254 |
Investment Interest Income (TE) | 458 | 2,248 |
Total Interest Income (TE) | 14,010 | 22,208 |
Total Interest Expense | 6,204 | 11,858 |
Net Interest Income (TE) | 7,806 | 14,265 |
Non-Interest Income | 185 | 3,537 |
Adjusted Operating Income (TE) | 7,991 | 16,808 |
Non-interest Expense | 1,934 | 9,396 |
Provision for Loan & Lease Losses | 70 | 1,712 |
Pretax Operating Income (TE) | 5,987 | 10,822 |
Pretax Net Operating Income (TE) | 5,987 | 10,815 |
Applicable Income Taxes | 2,304 | 4,086 |
Net Operating Income | 3,673 | 6,918 |
Net Income | 3,673 | 6,918 |
Cash Dividends Declared | — | 7,320 |
Retained Earnings | 3,673 | 3,933 |