Progressive Bank, National Association
Wheeling, WV — National Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Progressive Bank, National Association | All Insured Commercial Banks in West Virginia |
Interest and Fees on Loans | 4,478 | 11,666 |
Income from Lease Financing Receivables | — | 1 |
449 | 100 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 231 | 47 |
Income on Loans and Leases (TE) | 4,709 | 11,724 |
Investment Interest Income (TE) | 5,006 | 1,523 |
Total Interest Income (TE) | 9,869 | 13,460 |
Total Interest Expense | 1,191 | 1,601 |
Net Interest Income (TE) | 8,678 | 11,860 |
Non-Interest Income | 956 | 3,481 |
Adjusted Operating Income (TE) | 9,634 | 15,431 |
Non-interest Expense | 8,275 | 10,280 |
Provision for Loan & Lease Losses | — | 502 |
Pretax Operating Income (TE) | 1,359 | 4,739 |
Pretax Net Operating Income (TE) | 2,460 | 4,910 |
Applicable Income Taxes | 222 | 1,424 |
Net Operating Income | 1,553 | 3,265 |
Net Income | 1,553 | 3,285 |
Cash Dividends Declared | 1,378 | 1,194 |
Retained Earnings | 175 | 1,335 |