Firstservice Bank
Doylestown, PA — Domestic Branch of a Domestic Bank
Acquired Feb 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Firstservice Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 15,216 | 14,940 |
Income from Lease Financing Receivables | — | 10,948 |
391 | 652 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 186 | 338 |
Income on Loans and Leases (TE) | 15,402 | 15,346 |
Investment Interest Income (TE) | 5,381 | 5,412 |
Total Interest Income (TE) | 21,194 | 21,462 |
Total Interest Expense | 6,382 | 8,353 |
Net Interest Income (TE) | 14,812 | 12,995 |
Non-Interest Income | 4,606 | 3,171 |
Adjusted Operating Income (TE) | 19,418 | 16,265 |
Non-interest Expense | 13,674 | 9,733 |
Provision for Loan & Lease Losses | 654 | 2,526 |
Pretax Operating Income (TE) | 5,090 | 25,481 |
Pretax Net Operating Income (TE) | 5,230 | 26,572 |
Applicable Income Taxes | 1,122 | 8,152 |
Net Operating Income | 3,540 | 17,672 |
Net Income | 3,540 | 17,677 |
Cash Dividends Declared | 668 | 13,426 |
Retained Earnings | 2,872 | 7,900 |