The Berkshire Bank
New York, NY — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Berkshire Bank | All Insured Commercial Banks in New York |
Interest and Fees on Loans | 18,015 | 41,190 |
Income from Lease Financing Receivables | 795 | 11 |
— | 99 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 52 |
Income on Loans and Leases (TE) | 18,810 | 41,538 |
Investment Interest Income (TE) | 4,930 | 6,772 |
Total Interest Income (TE) | 24,455 | 51,262 |
Total Interest Expense | 3,662 | 6,465 |
Net Interest Income (TE) | 20,793 | 44,373 |
Non-Interest Income | 419 | 11,435 |
Adjusted Operating Income (TE) | 21,212 | 60,531 |
Non-interest Expense | 15,362 | 38,074 |
Provision for Loan & Lease Losses | 303 | 2,203 |
Pretax Operating Income (TE) | 5,547 | 19,351 |
Pretax Net Operating Income (TE) | 8,537 | 20,027 |
Applicable Income Taxes | 3,892 | 5,930 |
Net Operating Income | 4,645 | 13,255 |
Net Income | 4,645 | 13,254 |
Cash Dividends Declared | — | 2,280 |
Retained Earnings | 4,645 | 7,706 |