Commencement Bank
Tacoma, WA — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Commencement Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 8,516 | 42,312 |
Income from Lease Financing Receivables | — | 4 |
— | 335 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 179 |
Income on Loans and Leases (TE) | 8,516 | 42,561 |
Investment Interest Income (TE) | 80 | 5,284 |
Total Interest Income (TE) | 8,842 | 48,251 |
Total Interest Expense | 870 | 2,409 |
Net Interest Income (TE) | 7,972 | 45,842 |
Non-Interest Income | 567 | 10,773 |
Adjusted Operating Income (TE) | 8,539 | 62,939 |
Non-interest Expense | 6,728 | 38,829 |
Provision for Loan & Lease Losses | — | 645 |
Pretax Operating Income (TE) | 1,811 | 19,229 |
Pretax Net Operating Income (TE) | 1,811 | 19,378 |
Applicable Income Taxes | 643 | 5,716 |
Net Operating Income | 1,168 | 12,922 |
Net Income | 1,168 | 12,922 |
Cash Dividends Declared | — | 7,083 |
Retained Earnings | 1,168 | 4,310 |