Sterling Savings Bank
Spokane, WA — Domestic Branch of a Domestic Bank
Acquired Apr 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Sterling Savings Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 88,068 | 6,663 |
Income from Lease Financing Receivables | 473 | 2 |
146 | 31 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 72 | 16 |
Income on Loans and Leases (TE) | 88,613 | 6,691 |
Investment Interest Income (TE) | 10,996 | 856 |
Total Interest Income (TE) | 99,822 | 7,597 |
Total Interest Expense | 11,571 | 372 |
Net Interest Income (TE) | 88,251 | 7,224 |
Non-Interest Income | 17,918 | 1,432 |
Adjusted Operating Income (TE) | 106,169 | 8,959 |
Non-interest Expense | 83,597 | 5,977 |
Provision for Loan & Lease Losses | — | 114 |
Pretax Operating Income (TE) | 22,572 | 2,445 |
Pretax Net Operating Income (TE) | 22,572 | 2,406 |
Applicable Income Taxes | 7,516 | 725 |
Net Operating Income | 14,288 | 1,589 |
Net Income | 14,288 | 1,587 |
Cash Dividends Declared | 36,000 | 314 |
Retained Earnings | -21,712 | 841 |