Mt. Rainier National Bank
Enumclaw, WA — Domestic Branch of a Domestic Bank
Acquired Jul 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mt. Rainier National Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 7,239 | 11,560 |
Income from Lease Financing Receivables | — | 775 |
— | 179 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 85 |
Income on Loans and Leases (TE) | 7,239 | 11,602 |
Investment Interest Income (TE) | 606 | 1,901 |
Total Interest Income (TE) | 8,190 | 12,944 |
Total Interest Expense | 2,988 | 5,098 |
Net Interest Income (TE) | 5,202 | 7,846 |
Non-Interest Income | 744 | 1,218 |
Adjusted Operating Income (TE) | 5,946 | 9,128 |
Non-interest Expense | 3,822 | 5,519 |
Provision for Loan & Lease Losses | 138 | 500 |
Pretax Operating Income (TE) | 1,986 | 6,960 |
Pretax Net Operating Income (TE) | 1,986 | 6,957 |
Applicable Income Taxes | 636 | 2,731 |
Net Operating Income | 1,343 | 4,716 |
Net Income | 1,343 | 4,716 |
Cash Dividends Declared | 615 | 4,177 |
Retained Earnings | 728 | 2,971 |