Revenue includes net interest income before provision for loan losses plus noninterest income.
In the past five years, Whidbey Island Bank has added six full-service branches and a loan production office. For example, due to the relocation of two branch offices and some administrative consolidations late last year, we are reducing leased space costs and have three buildings for sale. We anticipate improvement in this area when interest rates stabilize. Founded in 1961, Whidbey Island Bank has 14 full-service branches located in Skagit, Whatcom and Island Counties in Northwestern Washington. They provide various deposit, loan and investment services to meet customers' real estate, commercial and personal financial needs.