Investors Bank & Trust Company
Boston, MA — Domestic Branch of a Domestic Bank
Acquired Jul 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Investors Bank & Trust Company | All Insured Commercial Banks in Massachusetts |
Interest and Fees on Loans | 10,613 | 45,469 |
Income from Lease Financing Receivables | — | 6,324 |
— | 610 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 276 |
Income on Loans and Leases (TE) | 10,613 | 46,278 |
Investment Interest Income (TE) | 262,489 | 17,567 |
Total Interest Income (TE) | 334,557 | 64,287 |
Total Interest Expense | 225,308 | 31,834 |
Net Interest Income (TE) | 109,249 | 32,454 |
Non-Interest Income | 366,529 | 30,163 |
Adjusted Operating Income (TE) | 475,778 | 62,606 |
Non-interest Expense | 329,925 | 38,680 |
Provision for Loan & Lease Losses | — | 3,649 |
Pretax Operating Income (TE) | 145,853 | 50,209 |
Pretax Net Operating Income (TE) | 145,853 | 50,204 |
Applicable Income Taxes | 48,755 | 18,191 |
Net Operating Income | 92,504 | 30,990 |
Net Income | 92,504 | 31,146 |
Cash Dividends Declared | — | 12,311 |
Retained Earnings | 92,504 | 27,609 |