Skylands Community Bank
Chester, NJ — Domestic Branch of a Domestic Bank
Acquired Oct 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Skylands Community Bank | All Insured Commercial Banks in New Jersey |
Interest and Fees on Loans | 37,791 | 13,176 |
Income from Lease Financing Receivables | 307 | 14 |
86 | 10 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 38,098 | 13,201 |
Investment Interest Income (TE) | 6,308 | 2,151 |
Total Interest Income (TE) | 44,557 | 15,549 |
Total Interest Expense | 6,442 | 3,195 |
Net Interest Income (TE) | 38,115 | 12,246 |
Non-Interest Income | 6,616 | 3,367 |
Adjusted Operating Income (TE) | 44,731 | 17,263 |
Non-interest Expense | 24,361 | 12,166 |
Provision for Loan & Lease Losses | 21,155 | 2,043 |
Pretax Operating Income (TE) | -785 | 2,543 |
Pretax Net Operating Income (TE) | -427 | 2,676 |
Applicable Income Taxes | -19 | 700 |
Net Operating Income | -408 | 1,822 |
Net Income | -408 | 1,807 |
Cash Dividends Declared | 2,150 | 495 |
Retained Earnings | -2,558 | 934 |