Connectone Bank
Englewood Cliffs, NJ — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Connectone Bank | All Insured Commercial Banks in New Jersey |
Interest and Fees on Loans | 148,111 | 29,100 |
Income from Lease Financing Receivables | — | 31 |
1,436 | 49 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 741 | 23 |
Income on Loans and Leases (TE) | 148,852 | 29,223 |
Investment Interest Income (TE) | 13,064 | 2,453 |
Total Interest Income (TE) | 164,081 | 32,299 |
Total Interest Expense | 27,850 | 4,682 |
Net Interest Income (TE) | 136,231 | 27,350 |
Non-Interest Income | 5,557 | 7,091 |
Adjusted Operating Income (TE) | 141,788 | 36,057 |
Non-interest Expense | 58,506 | 23,648 |
Provision for Loan & Lease Losses | 38,700 | 876 |
Pretax Operating Income (TE) | 44,582 | 10,871 |
Pretax Net Operating Income (TE) | 48,816 | 10,995 |
Applicable Income Taxes | 11,776 | 2,973 |
Net Operating Income | 34,326 | 8,462 |
Net Income | 34,326 | 8,451 |
Cash Dividends Declared | 12,400 | 2,119 |
Retained Earnings | 21,926 | 5,840 |