Commerce Bank/Delaware, National Association
Wilmington, DE — Domestic Branch of a Domestic Bank
Acquired May 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Commerce Bank/Delaware, National Association | All Insured Commercial Banks in Delaware |
Interest and Fees on Loans | 1,896 | 64,693 |
Income from Lease Financing Receivables | — | 5,163 |
16 | 72 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 8 | 36 |
Income on Loans and Leases (TE) | 1,904 | 65,536 |
Investment Interest Income (TE) | 2,376 | 12,277 |
Total Interest Income (TE) | 4,410 | 11,939 |
Total Interest Expense | 884 | 3,619 |
Net Interest Income (TE) | 3,526 | 8,320 |
Non-Interest Income | 1,193 | 34,115 |
Adjusted Operating Income (TE) | 4,719 | 20,634 |
Non-interest Expense | 3,209 | 10,955 |
Provision for Loan & Lease Losses | 90 | 8,927 |
Pretax Operating Income (TE) | 1,420 | 32,348 |
Pretax Net Operating Income (TE) | 1,420 | 33,437 |
Applicable Income Taxes | 572 | 12,619 |
Net Operating Income | 832 | 21,290 |
Net Income | 832 | 21,579 |
Cash Dividends Declared | — | 2,241 |
Retained Earnings | 832 | 21,235 |