Wainwright Bank & Trust Company
Boston, MA — Domestic Branch of a Domestic Bank
Acquired Mar 2011
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Wainwright Bank & Trust Company | All Insured Commercial Banks in Massachusetts |
| Interest and Fees on Loans | 5,247 | 26,730 |
| Income from Lease Financing Receivables | — | 22 |
| 286 | 317 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 150 |
| Income on Loans and Leases (TE) | 5,247 | 27,028 |
| Investment Interest Income (TE) | 12 | 6,544 |
| Total Interest Income (TE) | 5,463 | 33,817 |
| Total Interest Expense | 800 | 6,701 |
| Net Interest Income (TE) | 4,663 | 27,162 |
| Non-Interest Income | 504 | 15,553 |
| Adjusted Operating Income (TE) | 5,167 | 42,618 |
| Non-interest Expense | 3,707 | 30,092 |
| Provision for Loan & Lease Losses | 13,000 | 2,753 |
| Pretax Operating Income (TE) | -11,540 | 10,132 |
| Pretax Net Operating Income (TE) | -11,540 | 10,647 |
| Applicable Income Taxes | -4,779 | 2,811 |
| Net Operating Income | -6,761 | 7,316 |
| Net Income | -6,770 | 7,317 |
| Cash Dividends Declared | — | 6,752 |
| Retained Earnings | -6,770 | 3,292 |