Gorham Savings Bank
Gorham, ME — State Savings Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Gorham Savings Bank | All Insured Savings Banks in Maine |
Interest and Fees on Loans | 31,921 | 25,340 |
Income from Lease Financing Receivables | 804 | 87 |
721 | 240 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 371 | 127 |
Income on Loans and Leases (TE) | 33,096 | 25,554 |
Investment Interest Income (TE) | 2,930 | 2,412 |
Total Interest Income (TE) | 36,280 | 28,214 |
Total Interest Expense | 3,583 | 3,298 |
Net Interest Income (TE) | 32,697 | 24,916 |
Non-Interest Income | 7,067 | 6,138 |
Adjusted Operating Income (TE) | 39,764 | 31,054 |
Non-interest Expense | 29,102 | 22,912 |
Provision for Loan & Lease Losses | 647 | 352 |
Pretax Operating Income (TE) | 10,015 | 7,790 |
Pretax Net Operating Income (TE) | 10,108 | 8,263 |
Applicable Income Taxes | 2,054 | 2,216 |
Net Operating Income | 7,683 | 5,757 |
Net Income | 7,683 | 5,752 |
Cash Dividends Declared | 97 | 5 |
Retained Earnings | 7,586 | 5,746 |