Metropolitan Savings Bank
Pittsburgh, PA — State Savings Bank
Acquired Feb 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Metropolitan Savings Bank | All Insured Savings Banks in Pennsylvania |
Interest and Fees on Loans | 508 | 12,602 |
Income from Lease Financing Receivables | — | 4,355 |
— | 1,202 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 629 |
Income on Loans and Leases (TE) | 508 | 12,802 |
Investment Interest Income (TE) | 2 | 6,627 |
Total Interest Income (TE) | 526 | 18,622 |
Total Interest Expense | 246 | 9,459 |
Net Interest Income (TE) | 280 | 9,163 |
Non-Interest Income | 15 | 2,336 |
Adjusted Operating Income (TE) | 295 | 10,763 |
Non-interest Expense | 270 | 7,251 |
Provision for Loan & Lease Losses | 9 | 2,045 |
Pretax Operating Income (TE) | 16 | 12,395 |
Pretax Net Operating Income (TE) | 16 | 12,648 |
Applicable Income Taxes | — | 4,167 |
Net Operating Income | 16 | 3,484 |
Net Income | 16 | 3,491 |
Cash Dividends Declared | — | 20,538 |
Retained Earnings | 16 | 4,644 |