Citibank (Delaware)
New Castle, DE — Domestic Branch of a Domestic Bank
Acquired Oct 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citibank (Delaware) | All Insured Commercial Banks in Delaware |
Interest and Fees on Loans | 4,084 | 254,997 |
Income from Lease Financing Receivables | 53,903 | 16,006 |
— | 382 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 182 |
Income on Loans and Leases (TE) | 57,987 | 258,634 |
Investment Interest Income (TE) | 12,571 | 49,728 |
Total Interest Income (TE) | 117,058 | 37,583 |
Total Interest Expense | 60,029 | 15,573 |
Net Interest Income (TE) | 57,029 | 22,009 |
Non-Interest Income | 283,264 | 117,400 |
Adjusted Operating Income (TE) | 340,293 | 46,716 |
Non-interest Expense | 242,208 | 26,220 |
Provision for Loan & Lease Losses | — | 49,659 |
Pretax Operating Income (TE) | 100,173 | 96,831 |
Pretax Net Operating Income (TE) | 100,179 | 97,872 |
Applicable Income Taxes | 39,190 | 33,820 |
Net Operating Income | 60,989 | 63,754 |
Net Income | 60,989 | 63,529 |
Cash Dividends Declared | — | 114,060 |
Retained Earnings | 60,989 | 13,849 |