Pacific Northwest Bank
Oak Harbor, WA — Non-member Bank
Acquired Apr 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Pacific Northwest Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 28,452 | 3,162 |
Income from Lease Financing Receivables | — | 59 |
78 | 43 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 41 | 23 |
Income on Loans and Leases (TE) | 28,493 | 3,169 |
Investment Interest Income (TE) | 3,216 | 413 |
Total Interest Income (TE) | 31,764 | 3,670 |
Total Interest Expense | 4,935 | 792 |
Net Interest Income (TE) | 26,829 | 2,858 |
Non-Interest Income | 3,905 | 606 |
Adjusted Operating Income (TE) | 30,734 | 3,466 |
Non-interest Expense | 16,758 | 2,115 |
Provision for Loan & Lease Losses | — | 237 |
Pretax Operating Income (TE) | 14,794 | 1,698 |
Pretax Net Operating Income (TE) | 13,703 | 1,696 |
Applicable Income Taxes | 4,604 | 600 |
Net Operating Income | 8,970 | 1,161 |
Net Income | 8,970 | 1,161 |
Cash Dividends Declared | — | 1,079 |
Retained Earnings | 8,970 | 919 |