Howard Bank
Ellicott City, MD — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Howard Bank | All Insured Commercial Banks in Maryland |
Interest and Fees on Loans | 37,762 | 26,755 |
Income from Lease Financing Receivables | 104 | 11 |
59 | 96 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 30 | 47 |
Income on Loans and Leases (TE) | 37,896 | 26,874 |
Investment Interest Income (TE) | 520 | 1,967 |
Total Interest Income (TE) | 38,771 | 29,482 |
Total Interest Expense | 4,066 | 3,317 |
Net Interest Income (TE) | 34,705 | 26,146 |
Non-Interest Income | 14,604 | 6,777 |
Adjusted Operating Income (TE) | 49,309 | 33,615 |
Non-interest Expense | 38,105 | 22,749 |
Provision for Loan & Lease Losses | 2,037 | 1,334 |
Pretax Operating Income (TE) | 9,167 | 9,401 |
Pretax Net Operating Income (TE) | 9,167 | 9,540 |
Applicable Income Taxes | 3,242 | 2,919 |
Net Operating Income | 5,895 | 6,445 |
Net Income | 5,895 | 6,445 |
Cash Dividends Declared | — | 2,002 |
Retained Earnings | 5,895 | 3,243 |