The Washington Trust Company, Of Westerly
Westerly, RI — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Washington Trust Company, Of Westerly | All Insured Commercial Banks in Rhode Island |
Interest and Fees on Loans | 119,491 | 526,340 |
Income from Lease Financing Receivables | — | 16,000 |
4,205 | 750 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1,994 | 354 |
Income on Loans and Leases (TE) | 121,485 | 542,694 |
Investment Interest Income (TE) | 13,034 | 57,680 |
Total Interest Income (TE) | 141,641 | 606,823 |
Total Interest Expense | 28,213 | 67,561 |
Net Interest Income (TE) | 113,428 | 539,262 |
Non-Interest Income | 64,991 | 214,951 |
Adjusted Operating Income (TE) | 178,419 | 754,213 |
Non-interest Expense | 101,517 | 472,528 |
Provision for Loan & Lease Losses | 5,650 | 46,872 |
Pretax Operating Income (TE) | 71,252 | 234,814 |
Pretax Net Operating Income (TE) | 71,252 | 234,122 |
Applicable Income Taxes | 22,343 | 74,645 |
Net Operating Income | 46,449 | 158,991 |
Net Income | 46,449 | 158,991 |
Cash Dividends Declared | 24,442 | 70,900 |
Retained Earnings | 22,007 | 88,091 |