Riverside Bank
Poughkeepsie, NY — Domestic Branch of a Domestic Bank
Acquired Dec 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Riverside Bank | All Insured Commercial Banks in New York |
Interest and Fees on Loans | 7,383 | 30,381 |
Income from Lease Financing Receivables | — | 39 |
— | 39 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 17 |
Income on Loans and Leases (TE) | 7,383 | 30,522 |
Investment Interest Income (TE) | 146 | 5,221 |
Total Interest Income (TE) | 7,529 | 37,935 |
Total Interest Expense | 806 | 5,298 |
Net Interest Income (TE) | 6,723 | 32,495 |
Non-Interest Income | 542 | 10,840 |
Adjusted Operating Income (TE) | 7,265 | 46,436 |
Non-interest Expense | 4,134 | 30,615 |
Provision for Loan & Lease Losses | 630 | 741 |
Pretax Operating Income (TE) | 2,501 | 12,127 |
Pretax Net Operating Income (TE) | 2,503 | 12,100 |
Applicable Income Taxes | 912 | 3,925 |
Net Operating Income | 1,584 | 7,570 |
Net Income | 1,584 | 7,598 |
Cash Dividends Declared | — | 2,264 |
Retained Earnings | 1,584 | 4,011 |