Salem Five Cents Savings Bank
Salem, MA — State Savings Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Salem Five Cents Savings Bank | All Insured Savings Banks in Massachusetts |
Interest and Fees on Loans | 108,008 | 22,507 |
Income from Lease Financing Receivables | — | 0 |
494 | 12 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 266 | 5 |
Income on Loans and Leases (TE) | 108,274 | 22,524 |
Investment Interest Income (TE) | 26,165 | 2,367 |
Total Interest Income (TE) | 135,773 | 25,271 |
Total Interest Expense | 28,441 | 3,912 |
Net Interest Income (TE) | 107,332 | 21,140 |
Non-Interest Income | 38,254 | 4,299 |
Adjusted Operating Income (TE) | 145,586 | 27,158 |
Non-interest Expense | 92,462 | 19,697 |
Provision for Loan & Lease Losses | 3,675 | 554 |
Pretax Operating Income (TE) | 49,449 | 6,325 |
Pretax Net Operating Income (TE) | 50,663 | 6,941 |
Applicable Income Taxes | 18,973 | 1,880 |
Net Operating Income | 31,424 | 4,661 |
Net Income | 31,424 | 4,648 |
Cash Dividends Declared | — | 46 |
Retained Earnings | 31,424 | 4,164 |