Synchrony Bank
Draper, UT — Federal Savings Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Synchrony Bank |
Interest and Fees on Loans | 9,255,551 |
Income from Lease Financing Receivables | — |
— | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — |
Income on Loans and Leases (TE) | 9,255,551 |
Investment Interest Income (TE) | 20,483 |
Total Interest Income (TE) | 9,337,527 |
Total Interest Expense | 796,407 |
Net Interest Income (TE) | 8,541,120 |
Non-Interest Income | 867,628 |
Adjusted Operating Income (TE) | 9,408,748 |
Non-interest Expense | 3,310,874 |
Provision for Loan & Lease Losses | 3,317,936 |
Pretax Operating Income (TE) | 2,779,938 |
Pretax Net Operating Income (TE) | 2,779,961 |
Applicable Income Taxes | 1,015,526 |
Net Operating Income | 1,764,308 |
Net Income | 1,764,308 |
Cash Dividends Declared | 320,000 |
Retained Earnings | 1,444,308 |