Franklin Bank
Nutley, NJ — Domestic Branch of a Domestic Bank
Acquired Oct 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Franklin Bank | All Insured Commercial Banks in New Jersey |
Interest and Fees on Loans | 3,580 | 15,643 |
Income from Lease Financing Receivables | — | 1,810 |
— | 652 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 277 |
Income on Loans and Leases (TE) | 3,580 | 16,003 |
Investment Interest Income (TE) | 93 | 8,479 |
Total Interest Income (TE) | 3,758 | 24,960 |
Total Interest Expense | 605 | 8,011 |
Net Interest Income (TE) | 3,153 | 16,900 |
Non-Interest Income | 62 | 5,755 |
Adjusted Operating Income (TE) | 3,215 | 21,861 |
Non-interest Expense | 1,521 | 12,457 |
Provision for Loan & Lease Losses | 229 | 1,065 |
Pretax Operating Income (TE) | 1,465 | 20,553 |
Pretax Net Operating Income (TE) | 1,465 | 20,592 |
Applicable Income Taxes | 380 | 6,632 |
Net Operating Income | 1,085 | 13,898 |
Net Income | 1,085 | 13,898 |
Cash Dividends Declared | — | 21,852 |
Retained Earnings | 1,085 | 4,651 |