Commerce Bank/Pennsylvania, National Association
Philadelphia, PA — Domestic Branch of a Domestic Bank
Acquired Jul 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Commerce Bank/Pennsylvania, National Association | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 45,789 | 8,237 |
Income from Lease Financing Receivables | — | 3,946 |
1,379 | 356 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 505 | 161 |
Income on Loans and Leases (TE) | 46,294 | 8,392 |
Investment Interest Income (TE) | 90,429 | 2,668 |
Total Interest Income (TE) | 139,334 | 11,210 |
Total Interest Expense | 39,878 | 3,774 |
Net Interest Income (TE) | 99,456 | 7,437 |
Non-Interest Income | 16,454 | 2,290 |
Adjusted Operating Income (TE) | 115,910 | 9,614 |
Non-interest Expense | 62,941 | 5,956 |
Provision for Loan & Lease Losses | 2,337 | 373 |
Pretax Operating Income (TE) | 50,632 | 13,922 |
Pretax Net Operating Income (TE) | 51,557 | 13,859 |
Applicable Income Taxes | 17,485 | 3,900 |
Net Operating Income | 33,567 | 9,825 |
Net Income | 33,567 | 9,765 |
Cash Dividends Declared | 5,000 | 8,531 |
Retained Earnings | 28,567 | 3,265 |