Valley Bank
Puyallup, WA — Domestic Branch of a Domestic Bank
Acquired Jul 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 3,264 | 9,943 |
Income from Lease Financing Receivables | — | 3 |
— | 51 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 27 |
Income on Loans and Leases (TE) | 3,264 | 10,006 |
Investment Interest Income (TE) | 755 | 974 |
Total Interest Income (TE) | 4,124 | 11,075 |
Total Interest Expense | 162 | 765 |
Net Interest Income (TE) | 3,962 | 10,274 |
Non-Interest Income | 656 | 2,757 |
Adjusted Operating Income (TE) | 4,618 | 13,025 |
Non-interest Expense | 3,728 | 9,228 |
Provision for Loan & Lease Losses | -260 | 233 |
Pretax Operating Income (TE) | 1,150 | 3,303 |
Pretax Net Operating Income (TE) | 1,150 | 3,585 |
Applicable Income Taxes | 193 | 1,006 |
Net Operating Income | 808 | 2,481 |
Net Income | 808 | 2,481 |
Cash Dividends Declared | 300 | 1,298 |
Retained Earnings | 508 | 774 |