Iron And Glass Bank
Pittsburgh, PA — Domestic Branch of a Domestic Bank
Acquired Aug 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Iron And Glass Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 5,479 | 10,163 |
Income from Lease Financing Receivables | 140 | 3,013 |
102 | 598 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 53 | 281 |
Income on Loans and Leases (TE) | 5,672 | 10,476 |
Investment Interest Income (TE) | 3,147 | 2,983 |
Total Interest Income (TE) | 9,028 | 13,301 |
Total Interest Expense | 3,701 | 5,559 |
Net Interest Income (TE) | 5,327 | 7,745 |
Non-Interest Income | 644 | 2,250 |
Adjusted Operating Income (TE) | 5,971 | 9,992 |
Non-interest Expense | 4,375 | 6,497 |
Provision for Loan & Lease Losses | 120 | 3,805 |
Pretax Operating Income (TE) | 1,476 | 16,636 |
Pretax Net Operating Income (TE) | 1,476 | 16,491 |
Applicable Income Taxes | 297 | 5,304 |
Net Operating Income | 921 | 11,033 |
Net Income | 921 | 11,016 |
Cash Dividends Declared | 676 | 7,930 |
Retained Earnings | 245 | 5,713 |