Valley Bank
Roanoke, VA — Domestic Branch of a Domestic Bank
Acquired Jul 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley Bank | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 14,191 | 11,966 |
Income from Lease Financing Receivables | — | 0 |
— | 57 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 25 |
Income on Loans and Leases (TE) | 14,191 | 12,036 |
Investment Interest Income (TE) | 1,698 | 1,576 |
Total Interest Income (TE) | 16,004 | 13,936 |
Total Interest Expense | 1,732 | 1,573 |
Net Interest Income (TE) | 14,272 | 12,108 |
Non-Interest Income | -1,817 | 2,903 |
Adjusted Operating Income (TE) | 12,455 | 15,472 |
Non-interest Expense | 17,896 | 10,302 |
Provision for Loan & Lease Losses | 91 | 329 |
Pretax Operating Income (TE) | -5,532 | 4,678 |
Pretax Net Operating Income (TE) | -5,203 | 4,745 |
Applicable Income Taxes | -1,591 | 1,259 |
Net Operating Income | -3,612 | 3,235 |
Net Income | -3,612 | 3,207 |
Cash Dividends Declared | 500 | 1,025 |
Retained Earnings | -4,112 | 1,941 |