Carter Bank & Trust
Martinsville, VA — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Carter Bank & Trust | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 117,244 | 27,504 |
Income from Lease Financing Receivables | — | 0 |
9,772 | 210 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 4,907 | 103 |
Income on Loans and Leases (TE) | 122,151 | 27,695 |
Investment Interest Income (TE) | 28,816 | 3,362 |
Total Interest Income (TE) | 154,825 | 31,612 |
Total Interest Expense | 46,382 | 3,609 |
Net Interest Income (TE) | 108,443 | 27,533 |
Non-Interest Income | 10,147 | 6,168 |
Adjusted Operating Income (TE) | 118,590 | 34,154 |
Non-interest Expense | 75,846 | 22,095 |
Provision for Loan & Lease Losses | 17,717 | 1,171 |
Pretax Operating Income (TE) | 25,027 | 10,243 |
Pretax Net Operating Income (TE) | 25,027 | 10,425 |
Applicable Income Taxes | 1,645 | 2,728 |
Net Operating Income | 15,979 | 7,993 |
Net Income | 15,979 | 7,896 |
Cash Dividends Declared | 7,877 | 2,915 |
Retained Earnings | 8,102 | 3,997 |