Castle Bank & Trust Company
Meriden, CT — Domestic Branch of a Domestic Bank
Acquired Aug 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Castle Bank & Trust Company | All Insured Commercial Banks in Connecticut |
Interest and Fees on Loans | 1,689 | 7,430 |
Income from Lease Financing Receivables | — | 1,355 |
— | 28 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
Income on Loans and Leases (TE) | 1,689 | 7,521 |
Investment Interest Income (TE) | 170 | 6,181 |
Total Interest Income (TE) | 1,890 | 9,242 |
Total Interest Expense | 706 | 2,924 |
Net Interest Income (TE) | 1,184 | 6,320 |
Non-Interest Income | 82 | 924 |
Adjusted Operating Income (TE) | 1,266 | 7,241 |
Non-interest Expense | 1,821 | 5,537 |
Provision for Loan & Lease Losses | 24 | 9,097 |
Pretax Operating Income (TE) | — | 2,467 |
Pretax Net Operating Income (TE) | — | 1,906 |
Applicable Income Taxes | — | 471 |
Net Operating Income | — | 1,217 |
Net Income | — | 1,212 |
Cash Dividends Declared | — | 3,228 |
Retained Earnings | — | 400 |