Quinnipiac Bank & Trust Company
Hamden, CT — Domestic Branch of a Domestic Bank
Acquired Oct 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Quinnipiac Bank & Trust Company | All Insured Commercial Banks in Connecticut |
Interest and Fees on Loans | 3,637 | 32,356 |
Income from Lease Financing Receivables | — | 171 |
— | 110 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 58 |
Income on Loans and Leases (TE) | 3,637 | 32,584 |
Investment Interest Income (TE) | 137 | 11,585 |
Total Interest Income (TE) | 3,786 | 44,488 |
Total Interest Expense | 438 | 4,944 |
Net Interest Income (TE) | 3,348 | 39,544 |
Non-Interest Income | 247 | 10,704 |
Adjusted Operating Income (TE) | 3,595 | 50,248 |
Non-interest Expense | 4,107 | 31,067 |
Provision for Loan & Lease Losses | 145 | 2,292 |
Pretax Operating Income (TE) | -657 | 16,890 |
Pretax Net Operating Income (TE) | -657 | 17,123 |
Applicable Income Taxes | -282 | 4,084 |
Net Operating Income | -375 | 12,392 |
Net Income | -375 | 12,392 |
Cash Dividends Declared | — | 5,602 |
Retained Earnings | -375 | 6,790 |