Bank Of Virginia
Midlothian, VA — Domestic Branch of a Domestic Bank
Acquired Sep 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Virginia | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 5,219 | 12,804 |
Income from Lease Financing Receivables | — | 0 |
— | 68 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 32 |
Income on Loans and Leases (TE) | 5,219 | 12,891 |
Investment Interest Income (TE) | 778 | 1,684 |
Total Interest Income (TE) | 6,078 | 14,847 |
Total Interest Expense | 1,342 | 1,720 |
Net Interest Income (TE) | 4,736 | 12,880 |
Non-Interest Income | -595 | 2,910 |
Adjusted Operating Income (TE) | 4,141 | 16,100 |
Non-interest Expense | 5,196 | 10,452 |
Provision for Loan & Lease Losses | 147 | 419 |
Pretax Operating Income (TE) | -1,202 | 4,872 |
Pretax Net Operating Income (TE) | -1,202 | 5,009 |
Applicable Income Taxes | — | 1,346 |
Net Operating Income | -1,202 | 3,371 |
Net Income | -1,202 | 3,327 |
Cash Dividends Declared | — | 1,405 |
Retained Earnings | -1,202 | 1,720 |