Heritage Community Bank
Randolph, NJ — Domestic Branch of a Domestic Bank
Acquired Mar 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Heritage Community Bank | All Insured Commercial Banks in New Jersey |
Interest and Fees on Loans | 6,393 | 20,375 |
Income from Lease Financing Receivables | — | 20 |
— | 26 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 10 |
Income on Loans and Leases (TE) | 6,393 | 20,449 |
Investment Interest Income (TE) | 68 | 2,654 |
Total Interest Income (TE) | 6,534 | 23,347 |
Total Interest Expense | 775 | 3,439 |
Net Interest Income (TE) | 5,759 | 19,832 |
Non-Interest Income | 447 | 6,672 |
Adjusted Operating Income (TE) | 6,206 | 27,643 |
Non-interest Expense | 5,035 | 20,211 |
Provision for Loan & Lease Losses | 1,007 | 1,481 |
Pretax Operating Income (TE) | 164 | 5,619 |
Pretax Net Operating Income (TE) | 164 | 5,686 |
Applicable Income Taxes | — | 1,518 |
Net Operating Income | 164 | 3,911 |
Net Income | 164 | 3,905 |
Cash Dividends Declared | — | 1,573 |
Retained Earnings | 164 | 2,047 |