The Rome Savings Bank
Rome, NY — Domestic Branch of a Domestic Bank
Acquired Apr 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Rome Savings Bank | All Insured Savings Banks in New York |
Interest and Fees on Loans | 3,367 | 19,239 |
Income from Lease Financing Receivables | — | 1,354 |
— | 44 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 28 |
Income on Loans and Leases (TE) | 3,367 | 19,298 |
Investment Interest Income (TE) | 300 | 7,899 |
Total Interest Income (TE) | 3,685 | 29,774 |
Total Interest Expense | 807 | 9,244 |
Net Interest Income (TE) | 2,878 | 19,226 |
Non-Interest Income | 302 | 3,283 |
Adjusted Operating Income (TE) | 3,180 | 24,179 |
Non-interest Expense | 2,331 | 9,704 |
Provision for Loan & Lease Losses | 100 | 496 |
Pretax Operating Income (TE) | 749 | 22,004 |
Pretax Net Operating Income (TE) | 795 | 22,629 |
Applicable Income Taxes | 251 | 7,907 |
Net Operating Income | 496 | 15,825 |
Net Income | 496 | 15,831 |
Cash Dividends Declared | — | 58,600 |
Retained Earnings | 496 | 11,043 |