Hudson City Savings Bank
Paramus, NJ — Domestic Branch of a Domestic Bank
Acquired Nov 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Hudson City Savings Bank | All Insured Savings Banks in New Jersey |
Interest and Fees on Loans | 617,841 | 21,431 |
Income from Lease Financing Receivables | — | 0 |
— | 2 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 617,841 | 21,457 |
Investment Interest Income (TE) | 71,126 | 4,451 |
Total Interest Income (TE) | 700,946 | 26,188 |
Total Interest Expense | 532,843 | 5,354 |
Net Interest Income (TE) | 168,103 | 20,308 |
Non-Interest Income | 4,487 | 3,081 |
Adjusted Operating Income (TE) | 172,590 | 26,534 |
Non-interest Expense | 217,944 | 18,860 |
Provision for Loan & Lease Losses | — | 535 |
Pretax Operating Income (TE) | -45,354 | 6,112 |
Pretax Net Operating Income (TE) | 51,829 | 7,674 |
Applicable Income Taxes | 22,372 | 2,450 |
Net Operating Income | 29,457 | 5,174 |
Net Income | 29,457 | 5,174 |
Cash Dividends Declared | 37,838 | 1,984 |
Retained Earnings | -8,381 | 2,509 |