Bay National Bank
Baltimore, MD — National Bank
Acquired Jul 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bay National Bank | All Insured Commercial Banks in Maryland |
Interest and Fees on Loans | 4,517 | 8,550 |
Income from Lease Financing Receivables | — | 5 |
— | 24 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 10 |
Income on Loans and Leases (TE) | 4,517 | 8,579 |
Investment Interest Income (TE) | 280 | 847 |
Total Interest Income (TE) | 4,881 | 9,570 |
Total Interest Expense | 1,953 | 2,805 |
Net Interest Income (TE) | 2,928 | 6,678 |
Non-Interest Income | 330 | 1,405 |
Adjusted Operating Income (TE) | 3,258 | 8,310 |
Non-interest Expense | 4,924 | 6,238 |
Provision for Loan & Lease Losses | 1,843 | 1,801 |
Pretax Operating Income (TE) | -3,509 | 700 |
Pretax Net Operating Income (TE) | -3,509 | 494 |
Applicable Income Taxes | — | 162 |
Net Operating Income | -3,509 | 340 |
Net Income | -3,509 | 340 |
Cash Dividends Declared | — | 209 |
Retained Earnings | -3,509 | -63 |