Westside Community Bank
University Place, WA — Non-member Bank
Acquired Jan 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Westside Community Bank | All Insured Commercial Banks in Washington |
Interest and Fees on Loans | 4,074 | 18,513 |
Income from Lease Financing Receivables | — | 7 |
— | 85 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 44 |
Income on Loans and Leases (TE) | 4,074 | 18,641 |
Investment Interest Income (TE) | 51 | 1,934 |
Total Interest Income (TE) | 4,142 | 20,759 |
Total Interest Expense | 817 | 1,834 |
Net Interest Income (TE) | 3,325 | 18,819 |
Non-Interest Income | -1,196 | 4,317 |
Adjusted Operating Income (TE) | 2,129 | 23,082 |
Non-interest Expense | 4,909 | 16,259 |
Provision for Loan & Lease Losses | 3,605 | 1,448 |
Pretax Operating Income (TE) | -6,385 | 5,360 |
Pretax Net Operating Income (TE) | -6,385 | 5,535 |
Applicable Income Taxes | — | 424 |
Net Operating Income | -6,385 | 4,990 |
Net Income | -6,385 | 4,990 |
Cash Dividends Declared | — | 2,324 |
Retained Earnings | -6,385 | 1,785 |