Mayflower Co-Operative Bank
Middleboro, MA — Domestic Branch of a Domestic Bank
Acquired Nov 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mayflower Co-Operative Bank | All Insured Savings Banks in Massachusetts |
Interest and Fees on Loans | 5,008 | 12,786 |
Income from Lease Financing Receivables | — | 0 |
— | 0 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 5,008 | 12,803 |
Investment Interest Income (TE) | 1,343 | 1,845 |
Total Interest Income (TE) | 6,374 | 14,833 |
Total Interest Expense | 634 | 2,718 |
Net Interest Income (TE) | 5,740 | 12,109 |
Non-Interest Income | 1,128 | 2,836 |
Adjusted Operating Income (TE) | 6,868 | 15,506 |
Non-interest Expense | 6,314 | 12,137 |
Provision for Loan & Lease Losses | — | 358 |
Pretax Operating Income (TE) | 554 | 2,921 |
Pretax Net Operating Income (TE) | 642 | 3,513 |
Applicable Income Taxes | 198 | 965 |
Net Operating Income | 371 | 2,385 |
Net Income | 371 | 2,380 |
Cash Dividends Declared | 272 | 69 |
Retained Earnings | 99 | 1,990 |