Northwood Savings Bank
Philadelphia, PA — State Savings Bank
Acquired Nov 2005
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Northwood Savings Bank | All Insured Savings Banks in Pennsylvania |
| Interest and Fees on Loans | 351 | 10,674 |
| Income from Lease Financing Receivables | — | 5,822 |
| — | 1,065 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 567 |
| Income on Loans and Leases (TE) | 351 | 10,880 |
| Investment Interest Income (TE) | 78 | 5,213 |
| Total Interest Income (TE) | 448 | 16,441 |
| Total Interest Expense | 171 | 7,429 |
| Net Interest Income (TE) | 277 | 9,012 |
| Non-Interest Income | 1 | 1,446 |
| Adjusted Operating Income (TE) | 278 | 10,458 |
| Non-interest Expense | 220 | 6,861 |
| Provision for Loan & Lease Losses | — | 2,130 |
| Pretax Operating Income (TE) | 80 | 11,095 |
| Pretax Net Operating Income (TE) | 80 | 11,492 |
| Applicable Income Taxes | 6 | 3,572 |
| Net Operating Income | 74 | 7,643 |
| Net Income | 74 | 7,643 |
| Cash Dividends Declared | — | 4,722 |
| Retained Earnings | 74 | 7,038 |