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 |