Grange National Bank
Laceyville, PA — Domestic Branch of a Domestic Bank
Acquired Nov 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Grange National Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 8,609 | 11,326 |
Income from Lease Financing Receivables | — | 6,675 |
187 | 457 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 87 | 233 |
Income on Loans and Leases (TE) | 8,696 | 11,633 |
Investment Interest Income (TE) | 3,667 | 3,897 |
Total Interest Income (TE) | 12,475 | 15,226 |
Total Interest Expense | 4,476 | 5,276 |
Net Interest Income (TE) | 7,999 | 9,873 |
Non-Interest Income | 1,414 | 2,919 |
Adjusted Operating Income (TE) | 9,413 | 12,725 |
Non-interest Expense | 4,714 | 7,684 |
Provision for Loan & Lease Losses | 225 | 1,904 |
Pretax Operating Income (TE) | 4,474 | 17,418 |
Pretax Net Operating Income (TE) | 4,600 | 18,212 |
Applicable Income Taxes | 935 | 5,703 |
Net Operating Income | 3,090 | 12,238 |
Net Income | 3,090 | 12,216 |
Cash Dividends Declared | 935 | 10,366 |
Retained Earnings | 2,155 | 3,909 |