Belmont National Bank
Wheeling, WV — Domestic Branch of a Domestic Bank
Acquired Jun 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Belmont National Bank | All Insured Commercial Banks in West Virginia |
Interest and Fees on Loans | 2,616 | 1,630 |
Income from Lease Financing Receivables | 1 | 6 |
37 | 58 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 18 | 30 |
Income on Loans and Leases (TE) | 2,635 | 1,637 |
Investment Interest Income (TE) | 1,008 | 489 |
Total Interest Income (TE) | 3,737 | 2,021 |
Total Interest Expense | 1,130 | 574 |
Net Interest Income (TE) | 2,607 | 1,449 |
Non-Interest Income | 689 | 213 |
Adjusted Operating Income (TE) | 3,296 | 1,662 |
Non-interest Expense | 2,405 | 1,034 |
Provision for Loan & Lease Losses | — | 168 |
Pretax Operating Income (TE) | 891 | 858 |
Pretax Net Operating Income (TE) | 891 | 872 |
Applicable Income Taxes | 256 | 459 |
Net Operating Income | 610 | 571 |
Net Income | 610 | 571 |
Cash Dividends Declared | 445 | 721 |
Retained Earnings | 165 | 438 |