Patriot Bank
Pottstown, PA — Domestic Branch of a Domestic Bank
Acquired Jun 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Patriot Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 8,620 | 3,604 |
Income from Lease Financing Receivables | 2,009 | 2,071 |
87 | 155 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 47 | 79 |
Income on Loans and Leases (TE) | 10,676 | 3,710 |
Investment Interest Income (TE) | 4,152 | 1,356 |
Total Interest Income (TE) | 14,893 | 5,124 |
Total Interest Expense | 5,812 | 1,616 |
Net Interest Income (TE) | 9,081 | 3,498 |
Non-Interest Income | 2,126 | 929 |
Adjusted Operating Income (TE) | 11,207 | 4,449 |
Non-interest Expense | 7,468 | 2,760 |
Provision for Loan & Lease Losses | 1,000 | 435 |
Pretax Operating Income (TE) | 2,739 | 6,141 |
Pretax Net Operating Income (TE) | 2,739 | 6,236 |
Applicable Income Taxes | 467 | 1,906 |
Net Operating Income | 2,089 | 4,231 |
Net Income | 2,089 | 4,231 |
Cash Dividends Declared | — | 3,409 |
Retained Earnings | 2,089 | 2,215 |