College Savings Bank
Princeton, NJ — State Savings Bank
Acquired Dec 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | College Savings Bank | All Insured Savings Banks in New Jersey |
Interest and Fees on Loans | 1,400 | 21,431 |
Income from Lease Financing Receivables | — | 0 |
— | 2 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 1,400 | 21,457 |
Investment Interest Income (TE) | 1,975 | 4,451 |
Total Interest Income (TE) | 3,775 | 26,188 |
Total Interest Expense | 3,158 | 5,354 |
Net Interest Income (TE) | 617 | 20,308 |
Non-Interest Income | 8,065 | 3,081 |
Adjusted Operating Income (TE) | 8,682 | 26,534 |
Non-interest Expense | 4,322 | 18,860 |
Provision for Loan & Lease Losses | -77 | 535 |
Pretax Operating Income (TE) | 4,437 | 6,112 |
Pretax Net Operating Income (TE) | 10,215 | 7,674 |
Applicable Income Taxes | 3,695 | 2,450 |
Net Operating Income | 6,520 | 5,174 |
Net Income | 6,520 | 5,174 |
Cash Dividends Declared | — | 1,984 |
Retained Earnings | 6,520 | 2,509 |