Gcf Bank
Sewell, NJ — Domestic Branch of a Domestic Bank
Acquired Jan 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Gcf Bank | All Insured Savings Banks in New Jersey |
Interest and Fees on Loans | 9,994 | 25,104 |
Income from Lease Financing Receivables | — | 0 |
— | 0 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 9,994 | 25,114 |
Investment Interest Income (TE) | 1,546 | 5,931 |
Total Interest Income (TE) | 11,618 | 31,422 |
Total Interest Expense | 2,292 | 6,828 |
Net Interest Income (TE) | 9,326 | 24,598 |
Non-Interest Income | 551 | 2,995 |
Adjusted Operating Income (TE) | 9,877 | 30,402 |
Non-interest Expense | 8,489 | 20,717 |
Provision for Loan & Lease Losses | 725 | 1,292 |
Pretax Operating Income (TE) | 663 | 8,557 |
Pretax Net Operating Income (TE) | 612 | 8,825 |
Applicable Income Taxes | 15 | 2,779 |
Net Operating Income | 477 | 5,814 |
Net Income | 477 | 5,814 |
Cash Dividends Declared | — | 2,181 |
Retained Earnings | 477 | 3,124 |