Harris Trust/Bank Of Montreal
West Palm Beach, FL — Domestic Branch of a Domestic Bank
Acquired Mar 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Harris Trust/Bank Of Montreal | All Insured Commercial Banks in Florida |
Interest and Fees on Loans | 5,834 | 7,933 |
Income from Lease Financing Receivables | — | 2,680 |
— | 141 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 73 |
Income on Loans and Leases (TE) | 5,834 | 7,963 |
Investment Interest Income (TE) | 491 | 1,760 |
Total Interest Income (TE) | 6,426 | 10,016 |
Total Interest Expense | 2,446 | 3,368 |
Net Interest Income (TE) | 3,980 | 6,606 |
Non-Interest Income | 5,777 | 1,555 |
Adjusted Operating Income (TE) | 9,757 | 8,162 |
Non-interest Expense | 13,027 | 5,481 |
Provision for Loan & Lease Losses | 160 | 960 |
Pretax Operating Income (TE) | — | 5,399 |
Pretax Net Operating Income (TE) | — | 5,438 |
Applicable Income Taxes | — | 2,087 |
Net Operating Income | — | 3,676 |
Net Income | — | 3,676 |
Cash Dividends Declared | — | 2,927 |
Retained Earnings | — | 2,256 |