First Niagara Bank, National Association
Buffalo, NY — Domestic Branch of a Domestic Bank
Acquired Oct 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Niagara Bank, National Association | All Insured Commercial Banks in New York |
Interest and Fees on Loans | 165,933 | 35,323 |
Income from Lease Financing Receivables | 537 | 21 |
3,028 | 86 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 39 |
Income on Loans and Leases (TE) | 166,470 | 35,615 |
Investment Interest Income (TE) | 17,130 | 5,820 |
Total Interest Income (TE) | 186,652 | 44,196 |
Total Interest Expense | 11,040 | 5,278 |
Net Interest Income (TE) | 175,612 | 38,608 |
Non-Interest Income | 49,038 | 9,112 |
Adjusted Operating Income (TE) | 224,650 | 54,454 |
Non-interest Expense | 212,712 | 33,757 |
Provision for Loan & Lease Losses | 17,261 | 1,439 |
Pretax Operating Income (TE) | -5,323 | 17,987 |
Pretax Net Operating Income (TE) | -10,981 | 18,652 |
Applicable Income Taxes | -7,604 | 6,225 |
Net Operating Income | -3,377 | 11,609 |
Net Income | -3,382 | 11,608 |
Cash Dividends Declared | — | 1,753 |
Retained Earnings | -3,382 | 5,838 |