Great Eastern Bank
New York, NY — Domestic Branch of a Domestic Bank
Acquired May 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Great Eastern Bank | All Insured Commercial Banks in New York |
Interest and Fees on Loans | 4,106 | 90,461 |
Income from Lease Financing Receivables | — | 12,354 |
— | 494 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 280 |
Income on Loans and Leases (TE) | 4,106 | 92,354 |
Investment Interest Income (TE) | 473 | 4,694 |
Total Interest Income (TE) | 4,830 | 12,212 |
Total Interest Expense | 1,182 | 6,337 |
Net Interest Income (TE) | 3,648 | 9,340 |
Non-Interest Income | 803 | 66,096 |
Adjusted Operating Income (TE) | 4,451 | 15,073 |
Non-interest Expense | 8,148 | 7,329 |
Provision for Loan & Lease Losses | 90 | 10,140 |
Pretax Operating Income (TE) | — | 47,550 |
Pretax Net Operating Income (TE) | — | 47,843 |
Applicable Income Taxes | 647 | 12,125 |
Net Operating Income | — | 34,806 |
Net Income | — | 34,825 |
Cash Dividends Declared | — | 45,224 |
Retained Earnings | — | 20,199 |