The Apple Valley Bank & Trust Company
Cheshire, CT — Domestic Branch of a Domestic Bank
Acquired Jun 2009
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | The Apple Valley Bank & Trust Company | All Insured Commercial Banks in Connecticut |
| Interest and Fees on Loans | 953 | 3,439 |
| Income from Lease Financing Receivables | — | 831 |
| — | 15 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 7 |
| Income on Loans and Leases (TE) | 953 | 3,475 |
| Investment Interest Income (TE) | 37 | 3,011 |
| Total Interest Income (TE) | 991 | 4,318 |
| Total Interest Expense | 498 | 1,357 |
| Net Interest Income (TE) | 493 | 2,962 |
| Non-Interest Income | 50 | 2,765 |
| Adjusted Operating Income (TE) | 543 | 3,396 |
| Non-interest Expense | 928 | 2,494 |
| Provision for Loan & Lease Losses | — | 3,825 |
| Pretax Operating Income (TE) | — | 1,822 |
| Pretax Net Operating Income (TE) | — | 1,449 |
| Applicable Income Taxes | — | 641 |
| Net Operating Income | — | 884 |
| Net Income | — | 882 |
| Cash Dividends Declared | — | 2,750 |
| Retained Earnings | — | 277 |