First County Bank
Doylestown, PA — Domestic Branch of a Domestic Bank
Acquired May 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First County Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 1,639 | 3,669 |
Income from Lease Financing Receivables | 11 | 2,338 |
— | 156 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 81 |
Income on Loans and Leases (TE) | 1,650 | 3,768 |
Investment Interest Income (TE) | 243 | 1,312 |
Total Interest Income (TE) | 1,928 | 5,254 |
Total Interest Expense | 754 | 1,878 |
Net Interest Income (TE) | 1,174 | 3,346 |
Non-Interest Income | 225 | 868 |
Adjusted Operating Income (TE) | 1,399 | 4,244 |
Non-interest Expense | 1,230 | 2,561 |
Provision for Loan & Lease Losses | 12 | 627 |
Pretax Operating Income (TE) | 157 | 5,863 |
Pretax Net Operating Income (TE) | 194 | 6,223 |
Applicable Income Taxes | 65 | 2,004 |
Net Operating Income | 129 | 4,138 |
Net Income | 129 | 4,093 |
Cash Dividends Declared | — | 4,201 |
Retained Earnings | 129 | 1,491 |