Hudson Valley Bank, National Association
Yonkers, NY — Domestic Branch of a Domestic Bank
Acquired Jun 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Hudson Valley Bank, National Association | All Insured Commercial Banks in New York |
Interest and Fees on Loans | 21,040 | 9,966 |
Income from Lease Financing Receivables | 238 | 14 |
— | 15 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 8 |
Income on Loans and Leases (TE) | 21,278 | 10,232 |
Investment Interest Income (TE) | 4,086 | 1,791 |
Total Interest Income (TE) | 25,550 | 12,938 |
Total Interest Expense | 1,172 | 1,609 |
Net Interest Income (TE) | 24,378 | 11,185 |
Non-Interest Income | 2,409 | 3,316 |
Adjusted Operating Income (TE) | 26,787 | 16,045 |
Non-interest Expense | 19,473 | 10,064 |
Provision for Loan & Lease Losses | 1,354 | 250 |
Pretax Operating Income (TE) | 5,960 | 5,186 |
Pretax Net Operating Income (TE) | 5,968 | 5,236 |
Applicable Income Taxes | 604 | 1,619 |
Net Operating Income | 5,072 | 3,358 |
Net Income | 5,072 | 3,373 |
Cash Dividends Declared | 1,100 | 488 |
Retained Earnings | 3,972 | 2,460 |