The Madison Bank
Blue Bell, PA — Domestic Branch of a Domestic Bank
Acquired Oct 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Madison Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 9,457 | 10,705 |
Income from Lease Financing Receivables | — | 5,284 |
— | 476 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 240 |
Income on Loans and Leases (TE) | 9,457 | 10,981 |
Investment Interest Income (TE) | 117 | 3,893 |
Total Interest Income (TE) | 9,644 | 15,116 |
Total Interest Expense | 2,158 | 4,775 |
Net Interest Income (TE) | 7,486 | 10,324 |
Non-Interest Income | 4,353 | 3,456 |
Adjusted Operating Income (TE) | 11,839 | 13,270 |
Non-interest Expense | 21,158 | 8,295 |
Provision for Loan & Lease Losses | 1,675 | 1,060 |
Pretax Operating Income (TE) | — | 17,284 |
Pretax Net Operating Income (TE) | — | 17,646 |
Applicable Income Taxes | — | 5,122 |
Net Operating Income | — | 12,062 |
Net Income | — | 12,062 |
Cash Dividends Declared | — | 9,939 |
Retained Earnings | — | 3,815 |