Clear Mountain Bank
Bruceton Mills, WV — State Member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Clear Mountain Bank | All Insured Commercial Banks in West Virginia |
Interest and Fees on Loans | 21,420 | 11,666 |
Income from Lease Financing Receivables | 40 | 1 |
209 | 100 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 108 | 47 |
Income on Loans and Leases (TE) | 21,568 | 11,724 |
Investment Interest Income (TE) | 1,739 | 1,523 |
Total Interest Income (TE) | 23,440 | 13,460 |
Total Interest Expense | 2,401 | 1,601 |
Net Interest Income (TE) | 21,039 | 11,860 |
Non-Interest Income | 6,604 | 3,481 |
Adjusted Operating Income (TE) | 27,643 | 15,431 |
Non-interest Expense | 19,017 | 10,280 |
Provision for Loan & Lease Losses | 1,155 | 502 |
Pretax Operating Income (TE) | 7,471 | 4,739 |
Pretax Net Operating Income (TE) | 7,471 | 4,910 |
Applicable Income Taxes | 2,468 | 1,424 |
Net Operating Income | 4,624 | 3,265 |
Net Income | 4,624 | 3,285 |
Cash Dividends Declared | 650 | 1,194 |
Retained Earnings | 3,974 | 1,335 |