Bank Rhode Island
Providence, RI — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Rhode Island | All Insured Commercial Banks in Rhode Island |
Interest and Fees on Loans | 62,278 | 526,340 |
Income from Lease Financing Receivables | 3,368 | 16,000 |
241 | 750 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 130 | 354 |
Income on Loans and Leases (TE) | 65,776 | 542,694 |
Investment Interest Income (TE) | 5,251 | 57,680 |
Total Interest Income (TE) | 72,135 | 606,823 |
Total Interest Expense | 9,923 | 67,561 |
Net Interest Income (TE) | 62,212 | 539,262 |
Non-Interest Income | 10,872 | 214,951 |
Adjusted Operating Income (TE) | 73,084 | 754,213 |
Non-interest Expense | 49,385 | 472,528 |
Provision for Loan & Lease Losses | 4,064 | 46,872 |
Pretax Operating Income (TE) | 19,635 | 234,814 |
Pretax Net Operating Income (TE) | 19,635 | 234,122 |
Applicable Income Taxes | 6,987 | 74,645 |
Net Operating Income | 12,518 | 158,991 |
Net Income | 12,518 | 158,991 |
Cash Dividends Declared | 5,000 | 70,900 |
Retained Earnings | 7,518 | 88,091 |