Meridian Bank
Paoli, PA — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Meridian Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 30,044 | 22,748 |
Income from Lease Financing Receivables | 74 | 24 |
— | 516 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 268 |
Income on Loans and Leases (TE) | 30,118 | 23,278 |
Investment Interest Income (TE) | 941 | 3,743 |
Total Interest Income (TE) | 31,124 | 27,430 |
Total Interest Expense | 5,192 | 3,218 |
Net Interest Income (TE) | 25,932 | 24,213 |
Non-Interest Income | 44,306 | 6,081 |
Adjusted Operating Income (TE) | 70,238 | 30,595 |
Non-interest Expense | 61,380 | 20,397 |
Provision for Loan & Lease Losses | 1,198 | 900 |
Pretax Operating Income (TE) | 7,660 | 8,900 |
Pretax Net Operating Income (TE) | 7,663 | 9,212 |
Applicable Income Taxes | 2,599 | 2,056 |
Net Operating Income | 4,921 | 6,310 |
Net Income | 4,921 | 6,303 |
Cash Dividends Declared | 1,156 | 3,414 |
Retained Earnings | 3,765 | 2,771 |