Fia Card Services, National Association
Wilmington, DE — National Bank
Acquired Oct 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Fia Card Services, National Association | All Insured Commercial Banks in Delaware |
Interest and Fees on Loans | 8,728,000 | 712,386 |
Income from Lease Financing Receivables | — | 17,005 |
— | 19,091 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 10,099 |
Income on Loans and Leases (TE) | 8,728,000 | 739,490 |
Investment Interest Income (TE) | 14,000 | 178,959 |
Total Interest Income (TE) | 8,833,000 | 933,768 |
Total Interest Expense | 211,000 | 81,161 |
Net Interest Income (TE) | 8,622,000 | 852,608 |
Non-Interest Income | 2,283,000 | 405,743 |
Adjusted Operating Income (TE) | 10,905,000 | 1,258,350 |
Non-interest Expense | 3,745,000 | 853,166 |
Provision for Loan & Lease Losses | 1,680,000 | 44,889 |
Pretax Operating Income (TE) | 5,480,000 | 360,295 |
Pretax Net Operating Income (TE) | 5,480,000 | 363,246 |
Applicable Income Taxes | 2,129,000 | 88,547 |
Net Operating Income | 3,351,000 | 259,577 |
Net Income | 3,345,000 | 257,800 |
Cash Dividends Declared | — | 160,060 |
Retained Earnings | 3,345,000 | 97,741 |