Minotola National Bank
Vineland, NJ — Domestic Branch of a Domestic Bank
Acquired Apr 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Minotola National Bank | All Insured Commercial Banks in New Jersey |
Interest and Fees on Loans | 7,448 | 6,365 |
Income from Lease Financing Receivables | 380 | 757 |
280 | 124 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 107 | 51 |
Income on Loans and Leases (TE) | 7,935 | 6,508 |
Investment Interest Income (TE) | 666 | 4,971 |
Total Interest Income (TE) | 8,913 | 8,563 |
Total Interest Expense | 2,031 | 3,841 |
Net Interest Income (TE) | 6,882 | 5,204 |
Non-Interest Income | 1,492 | 4,121 |
Adjusted Operating Income (TE) | 8,374 | 7,037 |
Non-interest Expense | 5,846 | 4,187 |
Provision for Loan & Lease Losses | — | 246 |
Pretax Operating Income (TE) | 2,570 | 7,007 |
Pretax Net Operating Income (TE) | 2,570 | 7,149 |
Applicable Income Taxes | 968 | 2,232 |
Net Operating Income | 1,476 | 4,845 |
Net Income | 1,476 | 4,845 |
Cash Dividends Declared | 818 | 6,491 |
Retained Earnings | 658 | 2,149 |