Valley Green Bank
Philadelphia, PA — Domestic Branch of a Domestic Bank
Acquired Jan 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley Green Bank | All Insured Commercial Banks in Pennsylvania |
Interest and Fees on Loans | 20,821 | 20,334 |
Income from Lease Financing Receivables | — | 52 |
— | 389 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 201 |
Income on Loans and Leases (TE) | 20,821 | 20,794 |
Investment Interest Income (TE) | 235 | 3,911 |
Total Interest Income (TE) | 21,102 | 24,924 |
Total Interest Expense | 2,126 | 2,836 |
Net Interest Income (TE) | 18,976 | 21,911 |
Non-Interest Income | 604 | 5,667 |
Adjusted Operating Income (TE) | 19,580 | 27,550 |
Non-interest Expense | 11,095 | 18,138 |
Provision for Loan & Lease Losses | 771 | 761 |
Pretax Operating Income (TE) | 7,714 | 8,570 |
Pretax Net Operating Income (TE) | 7,714 | 8,966 |
Applicable Income Taxes | 3,184 | 1,999 |
Net Operating Income | 4,530 | 6,371 |
Net Income | 4,530 | 6,368 |
Cash Dividends Declared | — | 2,845 |
Retained Earnings | 4,530 | 2,950 |