Progressive Bank, National Association-Buckhannon
Buckhannon, WV — National Bank
Acquired Jun 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Progressive Bank, National Association-Buckhannon | All Insured Commercial Banks in West Virginia |
Interest and Fees on Loans | 423 | 1,557 |
Income from Lease Financing Receivables | — | 50 |
56 | 40 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 29 | 20 |
Income on Loans and Leases (TE) | 452 | 1,563 |
Investment Interest Income (TE) | 112 | 454 |
Total Interest Income (TE) | 569 | 2,014 |
Total Interest Expense | 201 | 722 |
Net Interest Income (TE) | 368 | 1,268 |
Non-Interest Income | 26 | 320 |
Adjusted Operating Income (TE) | 394 | 1,582 |
Non-interest Expense | 239 | 1,077 |
Provision for Loan & Lease Losses | 15 | 128 |
Pretax Operating Income (TE) | 140 | 939 |
Pretax Net Operating Income (TE) | 140 | 968 |
Applicable Income Taxes | 15 | 380 |
Net Operating Income | 87 | 631 |
Net Income | 87 | 631 |
Cash Dividends Declared | 16 | 710 |
Retained Earnings | 71 | 533 |