Net Income Analysis ( % relative to Total Revenue )
Income Statement Hudson United Bank All Insured Commercial Banks in New Jersey
Interest and Fees on Loans 339,433 29,364
Income from Lease Financing Receivables 414 2,499
7,265 864
Estimated Tax Benefit from Tax-Exempt Loan Income 2,877 362
Income on Loans and Leases (TE) 342,724 29,911
Investment Interest Income (TE) 138,239 14,250
Total Interest Income (TE) 483,187 34,570
Total Interest Expense 154,395 11,447
Net Interest Income (TE) 328,792 22,421
Non-Interest Income 110,637 9,534
Adjusted Operating Income (TE) 439,429 29,825
Non-interest Expense 292,205 16,754
Provision for Loan & Lease Losses 37,800 1,723
Pretax Operating Income (TE) 109,424 27,708
Pretax Net Operating Income (TE) 111,056 27,948
Applicable Income Taxes 15,328 8,951
Net Operating Income 92,262 19,054
Net Income 92,262 19,054
Cash Dividends Declared 70,019 26,628
Retained Earnings 22,243 6,730