Mutualone Bank
Framingham, MA — Cooperative Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mutualone Bank | All Insured Savings Banks in Massachusetts |
Interest and Fees on Loans | 27,628 | 22,507 |
Income from Lease Financing Receivables | — | 0 |
— | 12 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 5 |
Income on Loans and Leases (TE) | 27,628 | 22,524 |
Investment Interest Income (TE) | 1,029 | 2,367 |
Total Interest Income (TE) | 28,988 | 25,271 |
Total Interest Expense | 4,517 | 3,912 |
Net Interest Income (TE) | 24,471 | 21,140 |
Non-Interest Income | 1,254 | 4,299 |
Adjusted Operating Income (TE) | 25,725 | 27,158 |
Non-interest Expense | 14,888 | 19,697 |
Provision for Loan & Lease Losses | 1,393 | 554 |
Pretax Operating Income (TE) | 9,444 | 6,325 |
Pretax Net Operating Income (TE) | 9,943 | 6,941 |
Applicable Income Taxes | 3,502 | 1,880 |
Net Operating Income | 6,387 | 4,661 |
Net Income | 6,387 | 4,648 |
Cash Dividends Declared | — | 46 |
Retained Earnings | 6,387 | 4,164 |