Prestige Community Bank
Newtown, PA — Domestic Branch of a Domestic Bank
Acquired Mar 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Prestige Community Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 14 | 23,140 |
Income from Lease Financing Receivables | — | 5,375 |
— | 1,264 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 559 |
Income on Loans and Leases (TE) | 14 | 23,768 |
Investment Interest Income (TE) | 3 | 6,068 |
Total Interest Income (TE) | 272 | 29,129 |
Total Interest Expense | 71 | 13,700 |
Net Interest Income (TE) | 201 | 15,431 |
Non-Interest Income | — | 6,709 |
Adjusted Operating Income (TE) | 201 | 20,225 |
Non-interest Expense | 2,419 | 13,617 |
Provision for Loan & Lease Losses | 25 | 3,999 |
Pretax Operating Income (TE) | — | 28,975 |
Pretax Net Operating Income (TE) | — | 27,735 |
Applicable Income Taxes | — | 8,627 |
Net Operating Income | — | 18,524 |
Net Income | — | 17,033 |
Cash Dividends Declared | — | 14,871 |
Retained Earnings | — | 5,267 |