Sandy Spring Bank
Olney, MD — State Member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Sandy Spring Bank | All Insured Commercial Banks in Maryland |
Interest and Fees on Loans | 151,254 | 26,755 |
Income from Lease Financing Receivables | — | 11 |
135 | 96 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 67 | 47 |
Income on Loans and Leases (TE) | 151,321 | 26,874 |
Investment Interest Income (TE) | 20,680 | 1,967 |
Total Interest Income (TE) | 174,049 | 29,482 |
Total Interest Expense | 21,030 | 3,317 |
Net Interest Income (TE) | 153,019 | 26,146 |
Non-Interest Income | 47,948 | 6,777 |
Adjusted Operating Income (TE) | 200,967 | 33,615 |
Non-interest Expense | 121,962 | 22,749 |
Provision for Loan & Lease Losses | 5,545 | 1,334 |
Pretax Operating Income (TE) | 73,460 | 9,401 |
Pretax Net Operating Income (TE) | 75,393 | 9,540 |
Applicable Income Taxes | 23,655 | 2,919 |
Net Operating Income | 47,935 | 6,445 |
Net Income | 47,935 | 6,445 |
Cash Dividends Declared | 43,975 | 2,002 |
Retained Earnings | 3,960 | 3,243 |