Citizens Bank, National Association
Providence, RI — National Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citizens Bank, National Association | All Insured Commercial Banks in Rhode Island |
Interest and Fees on Loans | 2,923,776 | 526,340 |
Income from Lease Financing Receivables | 92,632 | 16,000 |
54 | 750 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 354 |
Income on Loans and Leases (TE) | 3,016,408 | 542,694 |
Investment Interest Income (TE) | 322,336 | 57,680 |
Total Interest Income (TE) | 3,368,478 | 606,823 |
Total Interest Expense | 358,725 | 67,561 |
Net Interest Income (TE) | 3,009,753 | 539,262 |
Non-Interest Income | 1,192,205 | 214,951 |
Adjusted Operating Income (TE) | 4,201,958 | 754,213 |
Non-interest Expense | 2,637,008 | 472,528 |
Provision for Loan & Lease Losses | 268,806 | 46,872 |
Pretax Operating Income (TE) | 1,296,144 | 234,814 |
Pretax Net Operating Income (TE) | 1,291,980 | 234,122 |
Applicable Income Taxes | 410,828 | 74,645 |
Net Operating Income | 881,152 | 158,991 |
Net Income | 881,152 | 158,991 |
Cash Dividends Declared | 395,000 | 70,900 |
Retained Earnings | 486,152 | 88,091 |