The Wilton Bank
Wilton, CT — Domestic Branch of a Domestic Bank
Acquired Nov 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Wilton Bank | All Insured Commercial Banks in Connecticut |
Interest and Fees on Loans | 1,165 | 29,146 |
Income from Lease Financing Receivables | — | 145 |
— | 70 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 37 |
Income on Loans and Leases (TE) | 1,165 | 29,328 |
Investment Interest Income (TE) | 2 | 10,355 |
Total Interest Income (TE) | 1,284 | 39,917 |
Total Interest Expense | 106 | 4,966 |
Net Interest Income (TE) | 1,178 | 34,950 |
Non-Interest Income | -22 | 10,208 |
Adjusted Operating Income (TE) | 1,156 | 45,159 |
Non-interest Expense | 2,641 | 29,769 |
Provision for Loan & Lease Losses | — | 1,850 |
Pretax Operating Income (TE) | -1,485 | 13,540 |
Pretax Net Operating Income (TE) | -1,485 | 13,787 |
Applicable Income Taxes | — | 4,472 |
Net Operating Income | -1,485 | 8,595 |
Net Income | -1,485 | 8,595 |
Cash Dividends Declared | — | 4,577 |
Retained Earnings | -1,485 | 4,019 |