Woodstown National Bank
Woodstown, NJ — Domestic Branch of a Domestic Bank
Acquired Feb 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Woodstown National Bank | All Insured Commercial Banks in New Jersey |
Interest and Fees on Loans | 23,220 | 15,001 |
Income from Lease Financing Receivables | 5 | 2,058 |
— | 1,444 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 637 |
Income on Loans and Leases (TE) | 23,225 | 15,233 |
Investment Interest Income (TE) | 6,881 | 8,749 |
Total Interest Income (TE) | 30,314 | 26,317 |
Total Interest Expense | 8,389 | 8,901 |
Net Interest Income (TE) | 21,925 | 17,308 |
Non-Interest Income | 5,101 | 5,665 |
Adjusted Operating Income (TE) | 27,026 | 22,967 |
Non-interest Expense | 14,234 | 14,273 |
Provision for Loan & Lease Losses | 150 | 2,240 |
Pretax Operating Income (TE) | 12,642 | 23,860 |
Pretax Net Operating Income (TE) | 12,642 | 24,883 |
Applicable Income Taxes | 4,509 | 8,093 |
Net Operating Income | 7,862 | 16,568 |
Net Income | 7,862 | 16,568 |
Cash Dividends Declared | 6,531 | 30,496 |
Retained Earnings | 1,331 | 5,054 |