Enterprise Bank And Trust Company
Lowell, MA — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Enterprise Bank And Trust Company | All Insured Commercial Banks in Massachusetts |
Interest and Fees on Loans | 85,677 | 34,650 |
Income from Lease Financing Receivables | 6 | 0 |
2,100 | 299 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1,051 | 159 |
Income on Loans and Leases (TE) | 86,734 | 35,259 |
Investment Interest Income (TE) | 7,817 | 3,997 |
Total Interest Income (TE) | 94,847 | 39,846 |
Total Interest Expense | 4,596 | 4,360 |
Net Interest Income (TE) | 90,251 | 35,029 |
Non-Interest Income | 13,417 | 8,220 |
Adjusted Operating Income (TE) | 103,668 | 43,184 |
Non-interest Expense | 70,205 | 28,480 |
Provision for Loan & Lease Losses | 2,993 | 964 |
Pretax Operating Income (TE) | 30,470 | 13,638 |
Pretax Net Operating Income (TE) | 31,272 | 13,750 |
Applicable Income Taxes | 9,571 | 3,897 |
Net Operating Income | 19,463 | 8,937 |
Net Income | 19,463 | 8,869 |
Cash Dividends Declared | 150 | 3,144 |
Retained Earnings | 19,313 | 5,501 |