Revere Bank
Laurel, MD — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Revere Bank | All Insured Commercial Banks in Maryland |
Interest and Fees on Loans | 54,801 | 26,755 |
Income from Lease Financing Receivables | — | 11 |
12 | 96 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 5 | 47 |
Income on Loans and Leases (TE) | 54,806 | 26,874 |
Investment Interest Income (TE) | 1,828 | 1,967 |
Total Interest Income (TE) | 57,161 | 29,482 |
Total Interest Expense | 9,661 | 3,317 |
Net Interest Income (TE) | 47,500 | 26,146 |
Non-Interest Income | 1,359 | 6,777 |
Adjusted Operating Income (TE) | 48,859 | 33,615 |
Non-interest Expense | 30,326 | 22,749 |
Provision for Loan & Lease Losses | 3,533 | 1,334 |
Pretax Operating Income (TE) | 15,000 | 9,401 |
Pretax Net Operating Income (TE) | 15,000 | 9,540 |
Applicable Income Taxes | 6,142 | 2,919 |
Net Operating Income | 8,777 | 6,445 |
Net Income | 8,777 | 6,445 |
Cash Dividends Declared | — | 2,002 |
Retained Earnings | 8,777 | 3,243 |