The Park Avenue Bank
New York, NY — Non-member Bank
Acquired Mar 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Park Avenue Bank | All Insured Commercial Banks in New York |
Interest and Fees on Loans | 25,433 | 61,427 |
Income from Lease Financing Receivables | — | 21,823 |
— | 1,110 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 724 |
Income on Loans and Leases (TE) | 25,433 | 64,119 |
Investment Interest Income (TE) | 4,943 | 10,845 |
Total Interest Income (TE) | 30,565 | 33,225 |
Total Interest Expense | 15,182 | 11,196 |
Net Interest Income (TE) | 15,383 | 21,703 |
Non-Interest Income | 3,839 | 131,324 |
Adjusted Operating Income (TE) | 19,222 | 31,606 |
Non-interest Expense | 20,134 | 22,913 |
Provision for Loan & Lease Losses | 19,277 | 23,075 |
Pretax Operating Income (TE) | — | 100,579 |
Pretax Net Operating Income (TE) | — | 72,396 |
Applicable Income Taxes | — | 14,774 |
Net Operating Income | — | 54,732 |
Net Income | — | 54,620 |
Cash Dividends Declared | — | 12,136 |
Retained Earnings | — | 55,054 |