The Old Point National Bank Of Phoebus
Hampton, VA — National Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Old Point National Bank Of Phoebus | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 26,322 | 27,504 |
Income from Lease Financing Receivables | — | 0 |
255 | 210 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 131 | 103 |
Income on Loans and Leases (TE) | 26,453 | 27,695 |
Investment Interest Income (TE) | 4,072 | 3,362 |
Total Interest Income (TE) | 30,687 | 31,612 |
Total Interest Expense | 2,574 | 3,609 |
Net Interest Income (TE) | 28,113 | 27,533 |
Non-Interest Income | 8,368 | 6,168 |
Adjusted Operating Income (TE) | 36,481 | 34,154 |
Non-interest Expense | 30,097 | 22,095 |
Provision for Loan & Lease Losses | 1,850 | 1,171 |
Pretax Operating Income (TE) | 4,534 | 10,243 |
Pretax Net Operating Income (TE) | 5,056 | 10,425 |
Applicable Income Taxes | 211 | 2,728 |
Net Operating Income | 3,923 | 7,993 |
Net Income | 3,923 | 7,896 |
Cash Dividends Declared | 2,400 | 2,915 |
Retained Earnings | 1,523 | 3,997 |