Commerce Bank, National Association
Philadelphia, PA — Domestic Branch of a Domestic Bank
Acquired Jun 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Commerce Bank, National Association | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 251,075 | 6,100 |
Income from Lease Financing Receivables | 11,461 | 1,766 |
7,235 | 372 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2,134 | 162 |
Income on Loans and Leases (TE) | 264,670 | 6,270 |
Investment Interest Income (TE) | 304,535 | 1,501 |
Total Interest Income (TE) | 576,036 | 7,509 |
Total Interest Expense | 217,760 | 3,316 |
Net Interest Income (TE) | 358,276 | 4,185 |
Non-Interest Income | 158,850 | 1,516 |
Adjusted Operating Income (TE) | 517,126 | 5,425 |
Non-interest Expense | 461,150 | 3,672 |
Provision for Loan & Lease Losses | 43,500 | 2,057 |
Pretax Operating Income (TE) | 12,476 | 6,495 |
Pretax Net Operating Income (TE) | 10,068 | 6,512 |
Applicable Income Taxes | 7,702 | 2,129 |
Net Operating Income | — | 4,276 |
Net Income | — | 4,270 |
Cash Dividends Declared | — | 4,535 |
Retained Earnings | — | 2,711 |