First Bank
Strasburg, VA — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Bank | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 21,662 | 27,504 |
Income from Lease Financing Receivables | — | 0 |
195 | 210 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 99 | 103 |
Income on Loans and Leases (TE) | 21,761 | 27,695 |
Investment Interest Income (TE) | 3,439 | 3,362 |
Total Interest Income (TE) | 25,622 | 31,612 |
Total Interest Expense | 1,362 | 3,609 |
Net Interest Income (TE) | 24,260 | 27,533 |
Non-Interest Income | 8,900 | 6,168 |
Adjusted Operating Income (TE) | 33,160 | 34,154 |
Non-interest Expense | 23,469 | 22,095 |
Provision for Loan & Lease Losses | — | 1,171 |
Pretax Operating Income (TE) | 9,691 | 10,243 |
Pretax Net Operating Income (TE) | 9,699 | 10,425 |
Applicable Income Taxes | 2,706 | 2,728 |
Net Operating Income | 6,608 | 7,993 |
Net Income | 6,608 | 7,896 |
Cash Dividends Declared | 2,325 | 2,915 |
Retained Earnings | 4,283 | 3,997 |