Charter Private Bank
Bellevue, WA — Domestic Branch of a Domestic Bank
Acquired May 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Charter Private Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 2,755 | 4,181 |
Income from Lease Financing Receivables | — | 1 |
— | 15 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 4 |
Income on Loans and Leases (TE) | 2,755 | 4,215 |
Investment Interest Income (TE) | 743 | 392 |
Total Interest Income (TE) | 3,502 | 4,719 |
Total Interest Expense | 594 | 779 |
Net Interest Income (TE) | 2,908 | 3,905 |
Non-Interest Income | 619 | 761 |
Adjusted Operating Income (TE) | 3,527 | 4,669 |
Non-interest Expense | 3,376 | 3,432 |
Provision for Loan & Lease Losses | -500 | 695 |
Pretax Operating Income (TE) | 651 | 519 |
Pretax Net Operating Income (TE) | 650 | 597 |
Applicable Income Taxes | 165 | 102 |
Net Operating Income | 464 | 387 |
Net Income | 464 | 387 |
Cash Dividends Declared | — | 53 |
Retained Earnings | 464 | 264 |