Washingtonfirst Bank
Reston, VA — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Washingtonfirst Bank | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 68,111 | 27,504 |
Income from Lease Financing Receivables | — | 0 |
— | 210 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 103 |
Income on Loans and Leases (TE) | 68,111 | 27,695 |
Investment Interest Income (TE) | 4,435 | 3,362 |
Total Interest Income (TE) | 73,095 | 31,612 |
Total Interest Expense | 10,379 | 3,609 |
Net Interest Income (TE) | 62,716 | 27,533 |
Non-Interest Income | 24,988 | 6,168 |
Adjusted Operating Income (TE) | 87,704 | 34,154 |
Non-interest Expense | 53,767 | 22,095 |
Provision for Loan & Lease Losses | 3,880 | 1,171 |
Pretax Operating Income (TE) | 30,057 | 10,243 |
Pretax Net Operating Income (TE) | 31,380 | 10,425 |
Applicable Income Taxes | 11,302 | 2,728 |
Net Operating Income | 20,040 | 7,993 |
Net Income | 20,040 | 7,896 |
Cash Dividends Declared | 1,470 | 2,915 |
Retained Earnings | 18,570 | 3,997 |