First Capital Bank
Glen Allen, VA — Domestic Branch of a Domestic Bank
Acquired Jan 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Capital Bank | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 24,133 | 24,702 |
Income from Lease Financing Receivables | — | 0 |
— | 123 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 60 |
Income on Loans and Leases (TE) | 24,133 | 24,847 |
Investment Interest Income (TE) | 1,413 | 3,256 |
Total Interest Income (TE) | 25,809 | 28,687 |
Total Interest Expense | 4,576 | 3,250 |
Net Interest Income (TE) | 21,233 | 24,907 |
Non-Interest Income | 1,083 | 5,858 |
Adjusted Operating Income (TE) | 22,316 | 31,619 |
Non-interest Expense | 19,140 | 21,164 |
Provision for Loan & Lease Losses | -345 | 786 |
Pretax Operating Income (TE) | 3,521 | 9,311 |
Pretax Net Operating Income (TE) | 3,641 | 9,420 |
Applicable Income Taxes | 1,451 | 2,444 |
Net Operating Income | 2,127 | 7,244 |
Net Income | 2,127 | 7,197 |
Cash Dividends Declared | — | 2,291 |
Retained Earnings | 2,127 | 3,966 |