First Heritage Bank
Wilkes-Barre, PA — Domestic Branch of a Domestic Bank
Acquired May 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Heritage Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 2,571 | 3,604 |
Income from Lease Financing Receivables | — | 2,071 |
13 | 155 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 6 | 79 |
Income on Loans and Leases (TE) | 2,577 | 3,710 |
Investment Interest Income (TE) | 564 | 1,356 |
Total Interest Income (TE) | 3,172 | 5,124 |
Total Interest Expense | 940 | 1,616 |
Net Interest Income (TE) | 2,232 | 3,498 |
Non-Interest Income | 123 | 929 |
Adjusted Operating Income (TE) | 2,355 | 4,449 |
Non-interest Expense | 1,128 | 2,760 |
Provision for Loan & Lease Losses | 120 | 435 |
Pretax Operating Income (TE) | 1,107 | 6,141 |
Pretax Net Operating Income (TE) | 1,107 | 6,236 |
Applicable Income Taxes | 236 | 1,906 |
Net Operating Income | 726 | 4,231 |
Net Income | 726 | 4,231 |
Cash Dividends Declared | 1,254 | 3,409 |
Retained Earnings | — | 2,215 |