The Annapolis Banking And Trust Company
Annapolis, MD — Domestic Branch of a Domestic Bank
Acquired Sep 2007
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | The Annapolis Banking And Trust Company | All Insured Commercial Banks in Maryland |
| Interest and Fees on Loans | 10,474 | 14,208 |
| Income from Lease Financing Receivables | — | 1,096 |
| 409 | 175 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 147 | 78 |
| Income on Loans and Leases (TE) | 10,621 | 14,309 |
| Investment Interest Income (TE) | 1,871 | 2,751 |
| Total Interest Income (TE) | 14,471 | 15,249 |
| Total Interest Expense | 4,042 | 6,121 |
| Net Interest Income (TE) | 10,429 | 9,079 |
| Non-Interest Income | 1,873 | 2,319 |
| Adjusted Operating Income (TE) | 12,302 | 11,469 |
| Non-interest Expense | 5,488 | 7,382 |
| Provision for Loan & Lease Losses | — | 495 |
| Pretax Operating Income (TE) | 7,239 | 8,190 |
| Pretax Net Operating Income (TE) | 7,260 | 8,052 |
| Applicable Income Taxes | 2,666 | 2,892 |
| Net Operating Income | 4,442 | 5,081 |
| Net Income | 4,442 | 5,081 |
| Cash Dividends Declared | 1,740 | 5,013 |
| Retained Earnings | 2,702 | 2,847 |