Fairmount Bank
Baltimore, MD — Domestic Branch of a Domestic Bank
Acquired Sep 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Fairmount Bank | All Insured Commercial Banks in Maryland |
Interest and Fees on Loans | 1,577 | 8,381 |
Income from Lease Financing Receivables | — | 1 |
— | 32 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15 |
Income on Loans and Leases (TE) | 1,577 | 8,426 |
Investment Interest Income (TE) | 110 | 682 |
Total Interest Income (TE) | 1,728 | 9,176 |
Total Interest Expense | 348 | 1,049 |
Net Interest Income (TE) | 1,380 | 8,127 |
Non-Interest Income | 14 | 2,246 |
Adjusted Operating Income (TE) | 1,394 | 10,729 |
Non-interest Expense | 924 | 7,991 |
Provision for Loan & Lease Losses | 150 | 372 |
Pretax Operating Income (TE) | 320 | 2,520 |
Pretax Net Operating Income (TE) | 375 | 2,550 |
Applicable Income Taxes | 141 | 788 |
Net Operating Income | 228 | 1,686 |
Net Income | 228 | 1,686 |
Cash Dividends Declared | — | 422 |
Retained Earnings | 228 | 978 |