Virginia Commonwealth Bank
Petersburg, VA — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Virginia Commonwealth Bank | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 11,572 | 27,504 |
Income from Lease Financing Receivables | — | 0 |
— | 210 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 103 |
Income on Loans and Leases (TE) | 11,572 | 27,695 |
Investment Interest Income (TE) | 453 | 3,362 |
Total Interest Income (TE) | 12,207 | 31,612 |
Total Interest Expense | 1,708 | 3,609 |
Net Interest Income (TE) | 10,499 | 27,533 |
Non-Interest Income | 741 | 6,168 |
Adjusted Operating Income (TE) | 11,240 | 34,154 |
Non-interest Expense | 8,464 | 22,095 |
Provision for Loan & Lease Losses | 125 | 1,171 |
Pretax Operating Income (TE) | 2,651 | 10,243 |
Pretax Net Operating Income (TE) | 2,686 | 10,425 |
Applicable Income Taxes | 852 | 2,728 |
Net Operating Income | 1,834 | 7,993 |
Net Income | 1,834 | 7,896 |
Cash Dividends Declared | 673 | 2,915 |
Retained Earnings | 1,161 | 3,997 |