Maine Bank & Trust Company
Portland, ME — Domestic Branch of a Domestic Bank
Acquired Jan 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Maine Bank & Trust Company | All Insured Savings Banks in Maine |
Interest and Fees on Loans | 22,324 | 37,512 |
Income from Lease Financing Receivables | — | 396 |
175 | 235 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 85 | 121 |
Income on Loans and Leases (TE) | 22,409 | 37,717 |
Investment Interest Income (TE) | 2,348 | 4,332 |
Total Interest Income (TE) | 24,757 | 42,623 |
Total Interest Expense | 6,208 | 21,030 |
Net Interest Income (TE) | 18,549 | 21,594 |
Non-Interest Income | 5,980 | 5,716 |
Adjusted Operating Income (TE) | 24,529 | 27,310 |
Non-interest Expense | 15,623 | 19,577 |
Provision for Loan & Lease Losses | 406 | 1,240 |
Pretax Operating Income (TE) | 8,500 | 6,588 |
Pretax Net Operating Income (TE) | 8,287 | 7,163 |
Applicable Income Taxes | 2,857 | 2,131 |
Net Operating Income | 5,345 | 4,807 |
Net Income | 5,345 | 4,807 |
Cash Dividends Declared | 5,684 | 6,150 |
Retained Earnings | — | 3,861 |