First National Bank
Ronceverte, WV — Domestic Branch of a Domestic Bank
Acquired Mar 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First National Bank | All Insured Commercial Banks in West Virginia |
Interest and Fees on Loans | 6,309 | 10,944 |
Income from Lease Financing Receivables | — | 1 |
166 | 100 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 83 | 46 |
Income on Loans and Leases (TE) | 6,392 | 11,001 |
Investment Interest Income (TE) | 2,051 | 1,549 |
Total Interest Income (TE) | 8,582 | 12,701 |
Total Interest Expense | 1,119 | 1,492 |
Net Interest Income (TE) | 7,463 | 11,210 |
Non-Interest Income | 1,848 | 3,123 |
Adjusted Operating Income (TE) | 9,311 | 14,570 |
Non-interest Expense | 6,687 | 9,430 |
Provision for Loan & Lease Losses | -318 | 545 |
Pretax Operating Income (TE) | 2,942 | 4,742 |
Pretax Net Operating Income (TE) | 2,944 | 4,880 |
Applicable Income Taxes | 583 | 1,380 |
Net Operating Income | 1,994 | 3,217 |
Net Income | 1,994 | 3,235 |
Cash Dividends Declared | 5,004 | 1,441 |
Retained Earnings | -3,010 | 1,179 |