Northwest Commercial Bank
Lakewood, WA — Domestic Branch of a Domestic Bank
Acquired Jan 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Northwest Commercial Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 3,287 | 18,513 |
Income from Lease Financing Receivables | — | 7 |
— | 85 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 44 |
Income on Loans and Leases (TE) | 3,287 | 18,641 |
Investment Interest Income (TE) | 145 | 1,934 |
Total Interest Income (TE) | 3,465 | 20,759 |
Total Interest Expense | 471 | 1,834 |
Net Interest Income (TE) | 2,994 | 18,819 |
Non-Interest Income | 58 | 4,317 |
Adjusted Operating Income (TE) | 3,052 | 23,082 |
Non-interest Expense | 2,673 | 16,259 |
Provision for Loan & Lease Losses | 374 | 1,448 |
Pretax Operating Income (TE) | 5 | 5,360 |
Pretax Net Operating Income (TE) | 5 | 5,535 |
Applicable Income Taxes | — | 424 |
Net Operating Income | 5 | 4,990 |
Net Income | 5 | 4,990 |
Cash Dividends Declared | — | 2,324 |
Retained Earnings | 5 | 1,785 |