First-Citizens Bank, National Association
Roanoke, VA — National Bank
Acquired Jun 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First-Citizens Bank, National Association | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 4,900 | 4,090 |
Income from Lease Financing Receivables | — | — |
— | 85 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 45 |
Income on Loans and Leases (TE) | 4,900 | 4,103 |
Investment Interest Income (TE) | — | 619 |
Total Interest Income (TE) | 4,913 | 4,858 |
Total Interest Expense | 2,495 | 1,789 |
Net Interest Income (TE) | 2,418 | 3,065 |
Non-Interest Income | 12,116 | 741 |
Adjusted Operating Income (TE) | 14,534 | 3,810 |
Non-interest Expense | 11,235 | 2,386 |
Provision for Loan & Lease Losses | 898 | 426 |
Pretax Operating Income (TE) | 2,401 | 7,233 |
Pretax Net Operating Income (TE) | 2,401 | 7,209 |
Applicable Income Taxes | 934 | 2,732 |
Net Operating Income | 1,467 | 4,558 |
Net Income | 1,467 | 4,558 |
Cash Dividends Declared | — | 2,336 |
Retained Earnings | 1,467 | 3,947 |