Delaware Sterling Bank & Trust Company
Christiana, DE — Non-member Bank
Acquired Aug 2008
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Delaware Sterling Bank & Trust Company | All Insured Commercial Banks in Delaware |
| Interest and Fees on Loans | 267 | 237,979 |
| Income from Lease Financing Receivables | — | 8,881 |
| — | 3,177 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1,367 |
| Income on Loans and Leases (TE) | 267 | 240,138 |
| Investment Interest Income (TE) | 3 | 79,814 |
| Total Interest Income (TE) | 373 | 135,128 |
| Total Interest Expense | 318 | 148,228 |
| Net Interest Income (TE) | 55 | 89,901 |
| Non-Interest Income | 29 | 41,992 |
| Adjusted Operating Income (TE) | 84 | 128,593 |
| Non-interest Expense | 393 | 91,650 |
| Provision for Loan & Lease Losses | — | 109,843 |
| Pretax Operating Income (TE) | — | 33,563 |
| Pretax Net Operating Income (TE) | — | 37,088 |
| Applicable Income Taxes | — | 11,679 |
| Net Operating Income | — | 24,660 |
| Net Income | — | 24,660 |
| Cash Dividends Declared | — | 21,696 |
| Retained Earnings | — | 16,692 |