Fairfield County Savings Bank
Norwalk, CT — Domestic Branch of a Domestic Bank
Acquired Jan 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Fairfield County Savings Bank | All Insured Savings Banks in Connecticut |
Interest and Fees on Loans | 10,437 | 29,566 |
Income from Lease Financing Receivables | — | 986 |
12 | 108 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 6 | 52 |
Income on Loans and Leases (TE) | 10,443 | 29,615 |
Investment Interest Income (TE) | 5,832 | 8,440 |
Total Interest Income (TE) | 16,389 | 38,399 |
Total Interest Expense | 5,609 | 12,312 |
Net Interest Income (TE) | 10,780 | 26,087 |
Non-Interest Income | 1,158 | 5,261 |
Adjusted Operating Income (TE) | 11,938 | 31,348 |
Non-interest Expense | 9,124 | 19,320 |
Provision for Loan & Lease Losses | — | 3,591 |
Pretax Operating Income (TE) | 2,814 | 11,358 |
Pretax Net Operating Income (TE) | 2,535 | 11,563 |
Applicable Income Taxes | 470 | 3,820 |
Net Operating Income | 1,779 | 7,693 |
Net Income | 1,779 | 7,693 |
Cash Dividends Declared | — | 10,291 |
Retained Earnings | 1,779 | 6,239 |