Union Bank
Morrisville, VT — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Union Bank | All Insured Commercial Banks in Vermont |
Interest and Fees on Loans | 25,057 | 18,591 |
Income from Lease Financing Receivables | — | 0 |
1,164 | 568 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 613 | 302 |
Income on Loans and Leases (TE) | 25,670 | 18,893 |
Investment Interest Income (TE) | 1,801 | 2,643 |
Total Interest Income (TE) | 27,777 | 21,740 |
Total Interest Expense | 2,036 | 1,459 |
Net Interest Income (TE) | 25,741 | 20,281 |
Non-Interest Income | 9,998 | 6,349 |
Adjusted Operating Income (TE) | 35,739 | 26,630 |
Non-interest Expense | 23,767 | 18,268 |
Provision for Loan & Lease Losses | 150 | 264 |
Pretax Operating Income (TE) | 11,822 | 8,098 |
Pretax Net Operating Income (TE) | 11,893 | 8,202 |
Applicable Income Taxes | 2,186 | 1,836 |
Net Operating Income | 8,784 | 5,772 |
Net Income | 8,784 | 5,772 |
Cash Dividends Declared | 5,050 | 2,758 |
Retained Earnings | 3,734 | 3,013 |