Susquehanna Bank
Hagerstown, MD — Domestic Branch of a Domestic Bank
Acquired Oct 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Susquehanna Bank | All Insured Commercial Banks in Maryland |
Interest and Fees on Loans | 116,823 | 17,898 |
Income from Lease Financing Receivables | 5,069 | 3,160 |
646 | 180 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 303 | 81 |
Income on Loans and Leases (TE) | 122,195 | 18,107 |
Investment Interest Income (TE) | 21,073 | 3,648 |
Total Interest Income (TE) | 144,172 | 18,033 |
Total Interest Expense | 60,951 | 7,134 |
Net Interest Income (TE) | 83,221 | 10,868 |
Non-Interest Income | 16,212 | 3,421 |
Adjusted Operating Income (TE) | 99,433 | 13,597 |
Non-interest Expense | 53,499 | 9,727 |
Provision for Loan & Lease Losses | 17,631 | 2,630 |
Pretax Operating Income (TE) | 28,303 | 5,739 |
Pretax Net Operating Income (TE) | 19,541 | 4,365 |
Applicable Income Taxes | 3,724 | 1,378 |
Net Operating Income | 15,227 | 2,781 |
Net Income | 15,227 | 2,781 |
Cash Dividends Declared | 24,000 | 3,892 |
Retained Earnings | — | 1,686 |