Blueridge Bank
Frederick, MD — Domestic Branch of a Domestic Bank
Acquired Mar 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Blueridge Bank | All Insured Commercial Banks in Maryland |
Interest and Fees on Loans | 7,895 | 21,267 |
Income from Lease Financing Receivables | — | 13 |
— | 95 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 46 |
Income on Loans and Leases (TE) | 7,895 | 21,366 |
Investment Interest Income (TE) | 451 | 1,734 |
Total Interest Income (TE) | 8,368 | 23,676 |
Total Interest Expense | 1,326 | 2,571 |
Net Interest Income (TE) | 7,042 | 20,969 |
Non-Interest Income | 163 | 6,266 |
Adjusted Operating Income (TE) | 7,205 | 27,999 |
Non-interest Expense | 5,765 | 19,718 |
Provision for Loan & Lease Losses | 120 | 935 |
Pretax Operating Income (TE) | 1,320 | 7,493 |
Pretax Net Operating Income (TE) | 1,315 | 7,488 |
Applicable Income Taxes | 611 | 2,323 |
Net Operating Income | 704 | 4,909 |
Net Income | 704 | 4,909 |
Cash Dividends Declared | — | 1,631 |
Retained Earnings | 704 | 2,127 |