East River Bank
Philadelphia, PA — Domestic Branch of a Domestic Bank
Acquired Oct 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | East River Bank | All Insured Savings Banks in Pennsylvania |
Interest and Fees on Loans | 11,327 | 13,562 |
Income from Lease Financing Receivables | 4 | 6 |
— | 38 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 18 |
Income on Loans and Leases (TE) | 11,331 | 13,761 |
Investment Interest Income (TE) | 116 | 2,011 |
Total Interest Income (TE) | 11,555 | 16,106 |
Total Interest Expense | 2,036 | 2,719 |
Net Interest Income (TE) | 9,519 | 13,389 |
Non-Interest Income | 410 | 3,249 |
Adjusted Operating Income (TE) | 9,929 | 19,008 |
Non-interest Expense | 10,390 | 13,944 |
Provision for Loan & Lease Losses | 588 | 271 |
Pretax Operating Income (TE) | -1,049 | 4,533 |
Pretax Net Operating Income (TE) | -1,046 | 4,631 |
Applicable Income Taxes | -785 | 1,132 |
Net Operating Income | -261 | 3,406 |
Net Income | -261 | 3,406 |
Cash Dividends Declared | — | 1,140 |
Retained Earnings | -261 | 2,012 |