Thurston First Bank
Olympia, WA — Domestic Branch of a Domestic Bank
Acquired Nov 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Thurston First Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 2,964 | 24,447 |
Income from Lease Financing Receivables | — | 0 |
— | 207 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 111 |
Income on Loans and Leases (TE) | 2,964 | 24,634 |
Investment Interest Income (TE) | 168 | 2,871 |
Total Interest Income (TE) | 3,493 | 28,142 |
Total Interest Expense | 450 | 1,306 |
Net Interest Income (TE) | 3,043 | 26,604 |
Non-Interest Income | 148 | 6,407 |
Adjusted Operating Income (TE) | 3,191 | 37,420 |
Non-interest Expense | 2,154 | 22,720 |
Provision for Loan & Lease Losses | — | 436 |
Pretax Operating Income (TE) | 1,037 | 11,630 |
Pretax Net Operating Income (TE) | 1,037 | 11,743 |
Applicable Income Taxes | 331 | 3,494 |
Net Operating Income | 706 | 7,757 |
Net Income | 706 | 7,757 |
Cash Dividends Declared | — | 2,377 |
Retained Earnings | 706 | 3,364 |