Bridge View Bank
Englewood Cliffs, NJ — Domestic Branch of a Domestic Bank
Acquired May 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bridge View Bank | All Insured Commercial Banks in New Jersey |
Interest and Fees on Loans | 3,218 | 4,376 |
Income from Lease Financing Receivables | 2 | 569 |
— | 390 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 191 |
Income on Loans and Leases (TE) | 3,220 | 4,440 |
Investment Interest Income (TE) | 326 | 2,414 |
Total Interest Income (TE) | 3,630 | 7,539 |
Total Interest Expense | 475 | 2,304 |
Net Interest Income (TE) | 3,155 | 5,176 |
Non-Interest Income | 475 | 1,773 |
Adjusted Operating Income (TE) | 3,630 | 7,514 |
Non-interest Expense | 2,110 | 4,366 |
Provision for Loan & Lease Losses | 15 | 409 |
Pretax Operating Income (TE) | 1,505 | 5,671 |
Pretax Net Operating Income (TE) | 1,505 | 5,715 |
Applicable Income Taxes | 562 | 1,930 |
Net Operating Income | 924 | 3,786 |
Net Income | 924 | 3,786 |
Cash Dividends Declared | 374 | 10,522 |
Retained Earnings | 550 | 1,238 |