The Cowlitz Bank
Longview, WA — Non-member Bank
Acquired Jul 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Cowlitz Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 9,859 | 8,408 |
Income from Lease Financing Receivables | — | 3 |
93 | 28 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 5 |
Income on Loans and Leases (TE) | 9,859 | 8,469 |
Investment Interest Income (TE) | 1,283 | 754 |
Total Interest Income (TE) | 11,290 | 9,513 |
Total Interest Expense | 5,687 | 2,307 |
Net Interest Income (TE) | 5,603 | 7,060 |
Non-Interest Income | 1,570 | 1,168 |
Adjusted Operating Income (TE) | 7,173 | 8,197 |
Non-interest Expense | 11,668 | 6,704 |
Provision for Loan & Lease Losses | 10,054 | 2,857 |
Pretax Operating Income (TE) | -14,549 | -915 |
Pretax Net Operating Income (TE) | -14,549 | -879 |
Applicable Income Taxes | -87 | 124 |
Net Operating Income | -14,462 | -936 |
Net Income | -14,462 | -940 |
Cash Dividends Declared | — | 105 |
Retained Earnings | -14,462 | -1,089 |