Newport Federal Savings Bank
Newport, RI — Domestic Branch of a Domestic Bank
Acquired Sep 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Newport Federal Savings Bank |
Interest and Fees on Loans | 8,189 |
Income from Lease Financing Receivables | — |
— | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — |
Income on Loans and Leases (TE) | 8,189 |
Investment Interest Income (TE) | 511 |
Total Interest Income (TE) | 8,724 |
Total Interest Expense | 2,109 |
Net Interest Income (TE) | 6,615 |
Non-Interest Income | 1,131 |
Adjusted Operating Income (TE) | 7,746 |
Non-interest Expense | 5,762 |
Provision for Loan & Lease Losses | 14 |
Pretax Operating Income (TE) | 1,970 |
Pretax Net Operating Income (TE) | 1,970 |
Applicable Income Taxes | 801 |
Net Operating Income | 1,169 |
Net Income | 1,169 |
Cash Dividends Declared | — |
Retained Earnings | 1,169 |