Hudson United Bank
Mahwah, NJ — Domestic Branch of a Domestic Bank
Acquired Feb 2006
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 |