Pacific International Bank
Seattle, WA — Domestic Branch of a Domestic Bank
Acquired Feb 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Pacific International Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 9,276 | 18,513 |
Income from Lease Financing Receivables | — | 7 |
— | 85 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 44 |
Income on Loans and Leases (TE) | 9,276 | 18,641 |
Investment Interest Income (TE) | 203 | 1,934 |
Total Interest Income (TE) | 9,533 | 20,759 |
Total Interest Expense | 1,937 | 1,834 |
Net Interest Income (TE) | 7,596 | 18,819 |
Non-Interest Income | 1,165 | 4,317 |
Adjusted Operating Income (TE) | 8,761 | 23,082 |
Non-interest Expense | 8,851 | 16,259 |
Provision for Loan & Lease Losses | 5,196 | 1,448 |
Pretax Operating Income (TE) | -5,286 | 5,360 |
Pretax Net Operating Income (TE) | -5,165 | 5,535 |
Applicable Income Taxes | 48 | 424 |
Net Operating Income | -5,213 | 4,990 |
Net Income | -5,213 | 4,990 |
Cash Dividends Declared | — | 2,324 |
Retained Earnings | -5,213 | 1,785 |