Venture Bank
Lacey, WA — Non-member Bank
Acquired Sep 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Venture Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 20,406 | 10,397 |
Income from Lease Financing Receivables | — | 1,264 |
4 | 212 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 37 |
Income on Loans and Leases (TE) | 20,406 | 10,454 |
Investment Interest Income (TE) | 4,826 | 2,182 |
Total Interest Income (TE) | 25,390 | 10,400 |
Total Interest Expense | 14,651 | 3,826 |
Net Interest Income (TE) | 10,739 | 7,185 |
Non-Interest Income | 6,036 | 2,155 |
Adjusted Operating Income (TE) | 16,775 | 8,706 |
Non-interest Expense | 21,144 | 6,896 |
Provision for Loan & Lease Losses | 21,822 | 10,848 |
Pretax Operating Income (TE) | — | 1,659 |
Pretax Net Operating Income (TE) | — | 1,668 |
Applicable Income Taxes | — | 958 |
Net Operating Income | — | 1,176 |
Net Income | — | 1,175 |
Cash Dividends Declared | — | 1,306 |
Retained Earnings | — | 577 |