K Bank
Randallstown, MD — Non-member Bank
Acquired Nov 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | K Bank | All Insured Commercial Banks in Maryland |
Interest and Fees on Loans | 16,470 | 12,961 |
Income from Lease Financing Receivables | — | 7 |
— | 42 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 16 |
Income on Loans and Leases (TE) | 16,470 | 13,006 |
Investment Interest Income (TE) | 2,537 | 1,236 |
Total Interest Income (TE) | 19,071 | 14,511 |
Total Interest Expense | 9,667 | 4,140 |
Net Interest Income (TE) | 9,404 | 10,229 |
Non-Interest Income | -4,934 | 2,361 |
Adjusted Operating Income (TE) | 4,470 | 12,931 |
Non-interest Expense | 15,502 | 9,574 |
Provision for Loan & Lease Losses | 6,498 | 3,068 |
Pretax Operating Income (TE) | -17,530 | 939 |
Pretax Net Operating Income (TE) | -16,854 | 806 |
Applicable Income Taxes | -75 | 434 |
Net Operating Income | -16,779 | 441 |
Net Income | -16,779 | 441 |
Cash Dividends Declared | — | 326 |
Retained Earnings | -16,779 | -207 |