Falmouth Co-Operative Bank
Falmouth, MA — Domestic Branch of a Domestic Bank
Acquired Jul 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Falmouth Co-Operative Bank | All Insured Savings Banks in Massachusetts |
Interest and Fees on Loans | 2,620 | 5,504 |
Income from Lease Financing Receivables | — | — |
— | — | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | — |
Income on Loans and Leases (TE) | 2,620 | 5,506 |
Investment Interest Income (TE) | 375 | 1,930 |
Total Interest Income (TE) | 3,017 | 7,565 |
Total Interest Expense | 853 | 2,437 |
Net Interest Income (TE) | 2,164 | 5,127 |
Non-Interest Income | 240 | 730 |
Adjusted Operating Income (TE) | 2,404 | 5,876 |
Non-interest Expense | 2,259 | 4,091 |
Provision for Loan & Lease Losses | 109 | 225 |
Pretax Operating Income (TE) | 36 | 1,824 |
Pretax Net Operating Income (TE) | 88 | 2,077 |
Applicable Income Taxes | 50 | 701 |
Net Operating Income | 38 | 1,354 |
Net Income | 38 | 1,354 |
Cash Dividends Declared | 1,000 | 1,803 |
Retained Earnings | — | 1,360 |