Midcoast Community Bank
Wilmington, DE — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Midcoast Community Bank | All Insured Commercial Banks in Delaware |
| Interest and Fees on Loans | 7,086 | 1,001,614 |
| Income from Lease Financing Receivables | — | 23,544 |
| — | 31,054 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15,927 |
| Income on Loans and Leases (TE) | 7,086 | 1,041,085 |
| Investment Interest Income (TE) | 328 | 251,880 |
| Total Interest Income (TE) | 7,497 | 1,321,383 |
| Total Interest Expense | 1,545 | 162,492 |
| Net Interest Income (TE) | 5,952 | 1,158,891 |
| Non-Interest Income | 124 | 571,941 |
| Adjusted Operating Income (TE) | 6,076 | 1,730,832 |
| Non-interest Expense | 6,130 | 1,180,879 |
| Provision for Loan & Lease Losses | -402 | 91,751 |
| Pretax Operating Income (TE) | 348 | 458,202 |
| Pretax Net Operating Income (TE) | 444 | 463,389 |
| Applicable Income Taxes | 10 | 110,984 |
| Net Operating Income | 434 | 332,010 |
| Net Income | 434 | 318,459 |
| Cash Dividends Declared | — | 204,476 |
| Retained Earnings | 434 | 113,982 |