Shoreline Bank
Shoreline, WA — Non-member Bank
Acquired Oct 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Shoreline Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 3,114 | 12,730 |
Income from Lease Financing Receivables | — | 5 |
— | 42 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 8 |
Income on Loans and Leases (TE) | 3,114 | 12,840 |
Investment Interest Income (TE) | 222 | 1,095 |
Total Interest Income (TE) | 3,360 | 14,279 |
Total Interest Expense | 1,208 | 3,258 |
Net Interest Income (TE) | 2,152 | 10,806 |
Non-Interest Income | -853 | 1,900 |
Adjusted Operating Income (TE) | 1,299 | 12,732 |
Non-interest Expense | 4,009 | 9,904 |
Provision for Loan & Lease Losses | 1,396 | 4,155 |
Pretax Operating Income (TE) | -4,106 | -1,140 |
Pretax Net Operating Income (TE) | -4,106 | -1,078 |
Applicable Income Taxes | — | 336 |
Net Operating Income | -4,106 | -1,299 |
Net Income | -4,106 | -1,303 |
Cash Dividends Declared | — | 132 |
Retained Earnings | -4,106 | -1,516 |