Connecticut River Community Bank
Wethersfield, CT — Domestic Branch of a Domestic Bank
Acquired Dec 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Connecticut River Community Bank | All Insured Commercial Banks in Connecticut |
Interest and Fees on Loans | 6,281 | 11,533 |
Income from Lease Financing Receivables | — | 68 |
— | 7 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 6,281 | 11,605 |
Investment Interest Income (TE) | 742 | 1,925 |
Total Interest Income (TE) | 7,029 | 13,630 |
Total Interest Expense | 2,320 | 3,118 |
Net Interest Income (TE) | 4,709 | 10,523 |
Non-Interest Income | 302 | 1,327 |
Adjusted Operating Income (TE) | 5,011 | 11,847 |
Non-interest Expense | 3,830 | 9,104 |
Provision for Loan & Lease Losses | 909 | 3,027 |
Pretax Operating Income (TE) | 272 | 303 |
Pretax Net Operating Income (TE) | 305 | 145 |
Applicable Income Taxes | 136 | 124 |
Net Operating Income | 169 | -6 |
Net Income | 169 | -6 |
Cash Dividends Declared | — | 107 |
Retained Earnings | 169 | -168 |