The Bank Of Maine
Portland, ME — Domestic Branch of a Domestic Bank
Acquired Oct 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Bank Of Maine | All Insured Savings Banks in Maine |
Interest and Fees on Loans | 20,571 | 14,755 |
Income from Lease Financing Receivables | — | 31 |
8 | 82 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 4 | 43 |
Income on Loans and Leases (TE) | 20,575 | 14,867 |
Investment Interest Income (TE) | 1,508 | 1,181 |
Total Interest Income (TE) | 22,199 | 16,167 |
Total Interest Expense | 1,955 | 2,153 |
Net Interest Income (TE) | 20,244 | 14,014 |
Non-Interest Income | 8,054 | 2,812 |
Adjusted Operating Income (TE) | 28,298 | 16,826 |
Non-interest Expense | 23,834 | 12,744 |
Provision for Loan & Lease Losses | 1,300 | 349 |
Pretax Operating Income (TE) | 3,164 | 3,733 |
Pretax Net Operating Income (TE) | 4,643 | 4,175 |
Applicable Income Taxes | 1,662 | 1,218 |
Net Operating Income | 2,977 | 2,833 |
Net Income | 2,977 | 2,831 |
Cash Dividends Declared | 2,338 | 84 |
Retained Earnings | 639 | 2,703 |