Highlands Community Bank
Covington, VA — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Highlands Community Bank | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 4,587 | 27,504 |
Income from Lease Financing Receivables | — | 0 |
24 | 210 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 12 | 103 |
Income on Loans and Leases (TE) | 4,599 | 27,695 |
Investment Interest Income (TE) | 1,749 | 3,362 |
Total Interest Income (TE) | 6,432 | 31,612 |
Total Interest Expense | 888 | 3,609 |
Net Interest Income (TE) | 5,544 | 27,533 |
Non-Interest Income | 511 | 6,168 |
Adjusted Operating Income (TE) | 6,055 | 34,154 |
Non-interest Expense | 3,448 | 22,095 |
Provision for Loan & Lease Losses | 385 | 1,171 |
Pretax Operating Income (TE) | 2,222 | 10,243 |
Pretax Net Operating Income (TE) | 2,388 | 10,425 |
Applicable Income Taxes | 502 | 2,728 |
Net Operating Income | 1,570 | 7,993 |
Net Income | 1,570 | 7,896 |
Cash Dividends Declared | 369 | 2,915 |
Retained Earnings | 1,201 | 3,997 |