Provident Municipal Bank
Montebello, NY — Domestic Branch of a Domestic Bank
Acquired Nov 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Provident Municipal Bank | All Insured Commercial Banks in New York |
Interest and Fees on Loans | — | 26,657 |
Income from Lease Financing Receivables | — | 65 |
— | 26 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 13 |
Income on Loans and Leases (TE) | — | 27,460 |
Investment Interest Income (TE) | 4,754 | 4,680 |
Total Interest Income (TE) | 5,399 | 34,573 |
Total Interest Expense | 870 | 5,310 |
Net Interest Income (TE) | 4,529 | 29,113 |
Non-Interest Income | — | 10,870 |
Adjusted Operating Income (TE) | 4,529 | 40,474 |
Non-interest Expense | 1,576 | 26,818 |
Provision for Loan & Lease Losses | — | 1,052 |
Pretax Operating Income (TE) | 2,953 | 12,553 |
Pretax Net Operating Income (TE) | 4,790 | 13,502 |
Applicable Income Taxes | 876 | 4,302 |
Net Operating Income | 2,951 | 8,622 |
Net Income | 2,951 | 8,622 |
Cash Dividends Declared | — | 1,666 |
Retained Earnings | 2,951 | 4,371 |