Cambridge Trust Company
Cambridge, MA — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Cambridge Trust Company | All Insured Commercial Banks in Massachusetts |
Interest and Fees on Loans | 48,768 | 34,650 |
Income from Lease Financing Receivables | — | 0 |
— | 299 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 159 |
Income on Loans and Leases (TE) | 48,768 | 35,259 |
Investment Interest Income (TE) | 9,440 | 3,997 |
Total Interest Income (TE) | 58,501 | 39,846 |
Total Interest Expense | 3,355 | 4,360 |
Net Interest Income (TE) | 55,146 | 35,029 |
Non-Interest Income | 28,223 | 8,220 |
Adjusted Operating Income (TE) | 83,369 | 43,184 |
Non-interest Expense | 56,749 | 28,480 |
Provision for Loan & Lease Losses | 132 | 964 |
Pretax Operating Income (TE) | 26,488 | 13,638 |
Pretax Net Operating Income (TE) | 26,926 | 13,750 |
Applicable Income Taxes | 8,556 | 3,897 |
Net Operating Income | 16,896 | 8,937 |
Net Income | 16,896 | 8,869 |
Cash Dividends Declared | 1,851 | 3,144 |
Retained Earnings | 15,045 | 5,501 |