Provident Bank Of Maryland
Baltimore, MD — Domestic Branch of a Domestic Bank
Acquired May 2009
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Provident Bank Of Maryland | All Insured Commercial Banks in Maryland |
| Interest and Fees on Loans | 42,411 | 5,117 |
| Income from Lease Financing Receivables | 6,205 | 1,036 |
| 56 | 51 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 17 |
| Income on Loans and Leases (TE) | 48,616 | 5,145 |
| Investment Interest Income (TE) | 17,638 | 692 |
| Total Interest Income (TE) | 66,158 | 5,046 |
| Total Interest Expense | 28,918 | 1,946 |
| Net Interest Income (TE) | 37,240 | 3,100 |
| Non-Interest Income | 23,803 | 1,535 |
| Adjusted Operating Income (TE) | 61,043 | 3,857 |
| Non-interest Expense | 56,524 | 3,243 |
| Provision for Loan & Lease Losses | 35,610 | 1,866 |
| Pretax Operating Income (TE) | — | 1,047 |
| Pretax Net Operating Income (TE) | — | 1,035 |
| Applicable Income Taxes | — | 318 |
| Net Operating Income | — | 675 |
| Net Income | — | 675 |
| Cash Dividends Declared | 6,900 | 835 |
| Retained Earnings | — | 559 |