The Commerce Bank Of Washington, National Association
Seattle, WA — Domestic Branch of a Domestic Bank
Acquired Dec 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Commerce Bank Of Washington, National Association | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 21,337 | 19,359 |
Income from Lease Financing Receivables | — | 1 |
139 | 160 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 75 | 85 |
Income on Loans and Leases (TE) | 21,412 | 19,467 |
Investment Interest Income (TE) | 1,167 | 2,061 |
Total Interest Income (TE) | 22,926 | 21,695 |
Total Interest Expense | 126 | 1,018 |
Net Interest Income (TE) | 22,800 | 20,568 |
Non-Interest Income | 2,350 | 4,779 |
Adjusted Operating Income (TE) | 25,150 | 25,633 |
Non-interest Expense | 10,893 | 17,571 |
Provision for Loan & Lease Losses | -1,798 | 225 |
Pretax Operating Income (TE) | 16,055 | 7,857 |
Pretax Net Operating Income (TE) | 16,055 | 7,928 |
Applicable Income Taxes | 5,521 | 2,327 |
Net Operating Income | 10,459 | 5,339 |
Net Income | 10,459 | 5,339 |
Cash Dividends Declared | 825 | 2,137 |
Retained Earnings | 9,634 | 3,161 |