Jamestown Savings Bank
Lakewood, NY — State Savings Bank
Acquired May 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Jamestown Savings Bank | All Insured Savings Banks in New York |
Interest and Fees on Loans | 3,992 | 15,472 |
Income from Lease Financing Receivables | — | 1,998 |
— | 24 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 13 |
Income on Loans and Leases (TE) | 3,992 | 15,565 |
Investment Interest Income (TE) | 1,291 | 7,170 |
Total Interest Income (TE) | 5,363 | 23,422 |
Total Interest Expense | 2,283 | 8,486 |
Net Interest Income (TE) | 3,080 | 14,939 |
Non-Interest Income | 316 | 2,624 |
Adjusted Operating Income (TE) | 3,396 | 17,560 |
Non-interest Expense | 1,945 | 8,542 |
Provision for Loan & Lease Losses | 170 | 200 |
Pretax Operating Income (TE) | 1,281 | 8,020 |
Pretax Net Operating Income (TE) | 1,281 | 8,863 |
Applicable Income Taxes | 361 | 4,840 |
Net Operating Income | 920 | 6,741 |
Net Income | 920 | 6,741 |
Cash Dividends Declared | — | 150,000 |
Retained Earnings | 920 | 6,252 |