Chittenden Trust Company
Burlington, VT — Domestic Branch of a Domestic Bank
Acquired Jan 2009
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Chittenden Trust Company |
| Interest and Fees on Loans | 172,450 |
| Income from Lease Financing Receivables | — |
| 4,890 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 2,403 |
| Income on Loans and Leases (TE) | 174,853 |
| Investment Interest Income (TE) | 27,058 |
| Total Interest Income (TE) | 209,188 |
| Total Interest Expense | 77,079 |
| Net Interest Income (TE) | 132,109 |
| Non-Interest Income | 51,102 |
| Adjusted Operating Income (TE) | 183,211 |
| Non-interest Expense | 96,818 |
| Provision for Loan & Lease Losses | 3,919 |
| Pretax Operating Income (TE) | 82,474 |
| Pretax Net Operating Income (TE) | 72,622 |
| Applicable Income Taxes | 19,267 |
| Net Operating Income | 50,950 |
| Net Income | 50,950 |
| Cash Dividends Declared | 48,835 |
| Retained Earnings | 2,115 |