The North American Bank & Trust Company
Waterbury, CT — Non-member Bank
Acquired Nov 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The North American Bank & Trust Company | All Insured Commercial Banks in Connecticut |
Interest and Fees on Loans | 5,600 | 4,127 |
Income from Lease Financing Receivables | — | — |
— | 15 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 7 |
Income on Loans and Leases (TE) | 5,600 | 4,129 |
Investment Interest Income (TE) | 2,302 | 1,474 |
Total Interest Income (TE) | 7,982 | 5,767 |
Total Interest Expense | 2,304 | 1,747 |
Net Interest Income (TE) | 5,678 | 4,020 |
Non-Interest Income | 812 | 738 |
Adjusted Operating Income (TE) | 6,490 | 4,757 |
Non-interest Expense | 5,553 | 3,255 |
Provision for Loan & Lease Losses | — | 183 |
Pretax Operating Income (TE) | 1,037 | 3,988 |
Pretax Net Operating Income (TE) | 1,148 | 4,546 |
Applicable Income Taxes | 66 | 1,833 |
Net Operating Income | 840 | 2,776 |
Net Income | 840 | 2,776 |
Cash Dividends Declared | 155 | 389 |
Retained Earnings | 685 | 2,536 |