First Mutual Bank
Bellevue, WA — Domestic Branch of a Domestic Bank
Acquired Feb 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Mutual Bank | All Insured Savings Banks in Washington |
Interest and Fees on Loans | 75,276 | 54,782 |
Income from Lease Financing Receivables | — | — |
— | — | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | — |
Income on Loans and Leases (TE) | 75,276 | 54,782 |
Investment Interest Income (TE) | 637 | 4,593 |
Total Interest Income (TE) | 78,247 | 59,211 |
Total Interest Expense | 38,631 | 30,440 |
Net Interest Income (TE) | 39,616 | 28,771 |
Non-Interest Income | 5,833 | 26,385 |
Adjusted Operating Income (TE) | 45,449 | 55,156 |
Non-interest Expense | 28,205 | 27,480 |
Provision for Loan & Lease Losses | 2,300 | 2,741 |
Pretax Operating Income (TE) | 14,944 | 31,731 |
Pretax Net Operating Income (TE) | 14,944 | 31,731 |
Applicable Income Taxes | 4,938 | 10,944 |
Net Operating Income | 9,930 | 20,485 |
Net Income | 9,930 | 20,485 |
Cash Dividends Declared | 13,485 | 17,842 |
Retained Earnings | — | 10,320 |