Berkshire Bank
Wyomissing, PA — Domestic Branch of a Domestic Bank
Acquired Sep 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Berkshire Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 3,033 | 9,351 |
Income from Lease Financing Receivables | — | 12 |
— | 171 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 76 |
Income on Loans and Leases (TE) | 3,033 | 9,497 |
Investment Interest Income (TE) | 35 | 2,190 |
Total Interest Income (TE) | 3,085 | 11,913 |
Total Interest Expense | 901 | 2,602 |
Net Interest Income (TE) | 2,184 | 9,296 |
Non-Interest Income | 116 | 2,176 |
Adjusted Operating Income (TE) | 2,300 | 11,453 |
Non-interest Expense | 2,876 | 7,621 |
Provision for Loan & Lease Losses | 51 | 889 |
Pretax Operating Income (TE) | -627 | 2,967 |
Pretax Net Operating Income (TE) | -627 | 3,072 |
Applicable Income Taxes | — | 678 |
Net Operating Income | -627 | 2,087 |
Net Income | -627 | 2,087 |
Cash Dividends Declared | — | 634 |
Retained Earnings | -627 | 1,293 |