Ontario National Bank
Clifton Springs, NY — Domestic Branch of a Domestic Bank
Acquired Dec 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Ontario National Bank | All Insured Commercial Banks in New York |
Interest and Fees on Loans | 3,178 | 288,620 |
Income from Lease Financing Receivables | 96 | 35,703 |
10 | 1,786 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 5 | 985 |
Income on Loans and Leases (TE) | 3,279 | 294,508 |
Investment Interest Income (TE) | 651 | 17,467 |
Total Interest Income (TE) | 4,306 | 42,232 |
Total Interest Expense | 1,284 | 27,870 |
Net Interest Income (TE) | 3,022 | 24,914 |
Non-Interest Income | 583 | 185,907 |
Adjusted Operating Income (TE) | 3,605 | 37,488 |
Non-interest Expense | 2,869 | 23,731 |
Provision for Loan & Lease Losses | — | 34,911 |
Pretax Operating Income (TE) | 736 | 141,023 |
Pretax Net Operating Income (TE) | 736 | 143,669 |
Applicable Income Taxes | 215 | 40,479 |
Net Operating Income | 484 | 99,234 |
Net Income | 484 | 100,694 |
Cash Dividends Declared | 213 | 64,232 |
Retained Earnings | 271 | 69,307 |