The Bank Of Fairfield
Fairfield, CT — Domestic Branch of a Domestic Bank
Acquired Sep 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Bank Of Fairfield | All Insured Commercial Banks in Connecticut |
Interest and Fees on Loans | 3,490 | 17,150 |
Income from Lease Financing Receivables | — | 85 |
— | 44 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 23 |
Income on Loans and Leases (TE) | 3,490 | 17,258 |
Investment Interest Income (TE) | 57 | 6,155 |
Total Interest Income (TE) | 3,557 | 23,552 |
Total Interest Expense | 394 | 3,025 |
Net Interest Income (TE) | 3,163 | 20,527 |
Non-Interest Income | 516 | 6,240 |
Adjusted Operating Income (TE) | 3,679 | 26,767 |
Non-interest Expense | 2,527 | 17,479 |
Provision for Loan & Lease Losses | 226 | 1,020 |
Pretax Operating Income (TE) | 926 | 8,268 |
Pretax Net Operating Income (TE) | 926 | 8,454 |
Applicable Income Taxes | 373 | 2,686 |
Net Operating Income | 553 | 5,333 |
Net Income | 553 | 5,333 |
Cash Dividends Declared | — | 2,909 |
Retained Earnings | 553 | 2,424 |