Putnam Bank
Putnam, CT — State Member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Putnam Bank | All Insured Commercial Banks in Connecticut |
Interest and Fees on Loans | 10,155 | 116,614 |
Income from Lease Financing Receivables | — | 1,400 |
47 | 342 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 24 | 180 |
Income on Loans and Leases (TE) | 10,179 | 118,194 |
Investment Interest Income (TE) | 3,998 | 22,956 |
Total Interest Income (TE) | 14,430 | 142,467 |
Total Interest Expense | 3,329 | 16,873 |
Net Interest Income (TE) | 11,101 | 125,595 |
Non-Interest Income | 2,712 | 42,281 |
Adjusted Operating Income (TE) | 13,813 | 167,876 |
Non-interest Expense | 11,071 | 108,357 |
Provision for Loan & Lease Losses | 486 | 6,667 |
Pretax Operating Income (TE) | 2,256 | 52,852 |
Pretax Net Operating Income (TE) | 2,211 | 52,716 |
Applicable Income Taxes | 620 | 15,848 |
Net Operating Income | 1,564 | 34,827 |
Net Income | 1,564 | 34,827 |
Cash Dividends Declared | — | 26,483 |
Retained Earnings | 1,564 | 8,344 |