Prosperity Bank And Trust Company
Springfield, VA — Domestic Branch of a Domestic Bank
Acquired Mar 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Prosperity Bank And Trust Company | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 6,311 | 22,320 |
Income from Lease Financing Receivables | — | 16,606 |
— | 1,605 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 860 |
Income on Loans and Leases (TE) | 6,311 | 22,349 |
Investment Interest Income (TE) | 1,360 | 2,980 |
Total Interest Income (TE) | 7,779 | 26,240 |
Total Interest Expense | 2,032 | 11,763 |
Net Interest Income (TE) | 5,747 | 14,478 |
Non-Interest Income | 473 | 3,743 |
Adjusted Operating Income (TE) | 6,220 | 17,980 |
Non-interest Expense | 4,628 | 11,999 |
Provision for Loan & Lease Losses | — | 9,722 |
Pretax Operating Income (TE) | 1,592 | 23,964 |
Pretax Net Operating Income (TE) | 1,583 | 23,979 |
Applicable Income Taxes | 390 | 8,112 |
Net Operating Income | 1,021 | 15,015 |
Net Income | 1,021 | 5,678 |
Cash Dividends Declared | 573 | 37,763 |
Retained Earnings | 448 | 3,032 |