Trupoint Bank
Grundy, VA — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Trupoint Bank | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 10,680 | 27,504 |
Income from Lease Financing Receivables | — | 0 |
1 | 210 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1 | 103 |
Income on Loans and Leases (TE) | 10,681 | 27,695 |
Investment Interest Income (TE) | 3,078 | 3,362 |
Total Interest Income (TE) | 13,890 | 31,612 |
Total Interest Expense | 1,017 | 3,609 |
Net Interest Income (TE) | 12,873 | 27,533 |
Non-Interest Income | 2,227 | 6,168 |
Adjusted Operating Income (TE) | 15,100 | 34,154 |
Non-interest Expense | 13,942 | 22,095 |
Provision for Loan & Lease Losses | 889 | 1,171 |
Pretax Operating Income (TE) | 269 | 10,243 |
Pretax Net Operating Income (TE) | 276 | 10,425 |
Applicable Income Taxes | -77 | 2,728 |
Net Operating Income | 342 | 7,993 |
Net Income | 342 | 7,896 |
Cash Dividends Declared | 165 | 2,915 |
Retained Earnings | 177 | 3,997 |