Connecticut River Bank, National Association
Springfield, VT — Domestic Branch of a Domestic Bank
Acquired Aug 2014
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Connecticut River Bank, National Association | All Insured Commercial Banks in Vermont |
| Interest and Fees on Loans | 4,013 | 7,793 |
| Income from Lease Financing Receivables | — | 0 |
| 41 | 271 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 21 | 142 |
| Income on Loans and Leases (TE) | 4,034 | 7,935 |
| Investment Interest Income (TE) | 216 | 1,213 |
| Total Interest Income (TE) | 4,452 | 9,220 |
| Total Interest Expense | 532 | 777 |
| Net Interest Income (TE) | 3,920 | 8,443 |
| Non-Interest Income | 1,239 | 2,742 |
| Adjusted Operating Income (TE) | 5,159 | 11,185 |
| Non-interest Expense | 4,494 | 8,065 |
| Provision for Loan & Lease Losses | 300 | 137 |
| Pretax Operating Income (TE) | 365 | 2,983 |
| Pretax Net Operating Income (TE) | 365 | 3,034 |
| Applicable Income Taxes | 78 | 621 |
| Net Operating Income | 266 | 2,163 |
| Net Income | 266 | 2,163 |
| Cash Dividends Declared | 206 | 1,208 |
| Retained Earnings | 60 | 955 |