Valley Bank
Auburn, WA — Domestic Branch of a Domestic Bank
Acquired Jan 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 1,087 | 10,912 |
Income from Lease Financing Receivables | 10 | 29 |
— | 165 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 80 |
Income on Loans and Leases (TE) | 1,097 | 10,927 |
Investment Interest Income (TE) | 8 | 1,949 |
Total Interest Income (TE) | 1,131 | 12,614 |
Total Interest Expense | 199 | 4,269 |
Net Interest Income (TE) | 932 | 8,798 |
Non-Interest Income | 73 | 2,509 |
Adjusted Operating Income (TE) | 1,005 | 11,084 |
Non-interest Expense | 891 | 6,679 |
Provision for Loan & Lease Losses | 60 | 1,239 |
Pretax Operating Income (TE) | 54 | 6,210 |
Pretax Net Operating Income (TE) | 54 | 6,245 |
Applicable Income Taxes | 17 | 2,225 |
Net Operating Income | 37 | 4,189 |
Net Income | 37 | 4,177 |
Cash Dividends Declared | — | 4,093 |
Retained Earnings | 37 | 2,284 |