Northstar Bank
Seattle, WA — Domestic Branch of a Domestic Bank
Acquired Feb 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Northstar Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 11,702 | 18,113 |
Income from Lease Financing Receivables | — | 824 |
— | 253 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 133 |
Income on Loans and Leases (TE) | 11,702 | 18,174 |
Investment Interest Income (TE) | 312 | 2,047 |
Total Interest Income (TE) | 12,378 | 20,446 |
Total Interest Expense | 4,364 | 5,600 |
Net Interest Income (TE) | 8,014 | 14,678 |
Non-Interest Income | 1,098 | 2,728 |
Adjusted Operating Income (TE) | 9,112 | 17,548 |
Non-interest Expense | 4,338 | 10,427 |
Provision for Loan & Lease Losses | 790 | 1,066 |
Pretax Operating Income (TE) | 3,984 | 10,553 |
Pretax Net Operating Income (TE) | 3,984 | 10,412 |
Applicable Income Taxes | 1,291 | 3,506 |
Net Operating Income | 2,668 | 7,121 |
Net Income | 2,668 | 7,563 |
Cash Dividends Declared | — | 4,803 |
Retained Earnings | 2,668 | 4,961 |