Union Bank & Trust
Richmond, VA — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Union Bank & Trust | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 262,430 | 27,504 |
Income from Lease Financing Receivables | — | 0 |
998 | 210 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 514 | 103 |
Income on Loans and Leases (TE) | 262,944 | 27,695 |
Investment Interest Income (TE) | 32,614 | 3,362 |
Total Interest Income (TE) | 299,675 | 31,612 |
Total Interest Expense | 24,552 | 3,609 |
Net Interest Income (TE) | 275,123 | 27,533 |
Non-Interest Income | 72,529 | 6,168 |
Adjusted Operating Income (TE) | 347,652 | 34,154 |
Non-interest Expense | 221,056 | 22,095 |
Provision for Loan & Lease Losses | 8,675 | 1,171 |
Pretax Operating Income (TE) | 117,921 | 10,243 |
Pretax Net Operating Income (TE) | 118,126 | 10,425 |
Applicable Income Taxes | 30,365 | 2,728 |
Net Operating Income | 83,422 | 7,993 |
Net Income | 83,422 | 7,896 |
Cash Dividends Declared | 51,439 | 2,915 |
Retained Earnings | 31,983 | 3,997 |