Independence Community Bank
Brooklyn, NY — Domestic Branch of a Domestic Bank
Acquired Sep 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Independence Community Bank | All Insured Savings Banks in New York |
Interest and Fees on Loans | 67,130 | 20,018 |
Income from Lease Financing Receivables | — | 3,838 |
— | 69 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 36 |
Income on Loans and Leases (TE) | 67,130 | 20,176 |
Investment Interest Income (TE) | 14,050 | 12,940 |
Total Interest Income (TE) | 82,206 | 36,269 |
Total Interest Expense | 44,618 | 18,710 |
Net Interest Income (TE) | 37,588 | 17,563 |
Non-Interest Income | 6,978 | 2,866 |
Adjusted Operating Income (TE) | 44,566 | 20,425 |
Non-interest Expense | 30,270 | 12,596 |
Provision for Loan & Lease Losses | 12,500 | 991 |
Pretax Operating Income (TE) | 1,796 | 15,367 |
Pretax Net Operating Income (TE) | — | 16,805 |
Applicable Income Taxes | — | 5,083 |
Net Operating Income | — | 11,661 |
Net Income | — | 14,141 |
Cash Dividends Declared | — | 120,600 |
Retained Earnings | — | 5,020 |