River Community Bank, National Association
Martinsville, VA — Domestic Branch of a Domestic Bank
Acquired Dec 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | River Community Bank, National Association | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 4,086 | 19,813 |
Income from Lease Financing Receivables | — | 0 |
— | 106 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 50 |
Income on Loans and Leases (TE) | 4,086 | 19,948 |
Investment Interest Income (TE) | 122 | 2,497 |
Total Interest Income (TE) | 4,245 | 22,840 |
Total Interest Expense | 508 | 2,603 |
Net Interest Income (TE) | 3,737 | 19,876 |
Non-Interest Income | 5,088 | 4,684 |
Adjusted Operating Income (TE) | 8,825 | 24,932 |
Non-interest Expense | 7,349 | 16,079 |
Provision for Loan & Lease Losses | 284 | 764 |
Pretax Operating Income (TE) | 1,192 | 7,693 |
Pretax Net Operating Income (TE) | 1,226 | 7,817 |
Applicable Income Taxes | 420 | 2,088 |
Net Operating Income | 795 | 6,134 |
Net Income | 795 | 6,054 |
Cash Dividends Declared | 95 | 2,071 |
Retained Earnings | 700 | 3,165 |