United States Trust Company , National Association
New York, NY — Domestic Branch of a Domestic Bank
Acquired Feb 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | United States Trust Company , National Association | All Insured Commercial Banks in New York |
Interest and Fees on Loans | 240,285 | 90,257 |
Income from Lease Financing Receivables | — | 23,002 |
— | 1,294 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 615 |
Income on Loans and Leases (TE) | 240,285 | 93,370 |
Investment Interest Income (TE) | 2,185 | 14,012 |
Total Interest Income (TE) | 288,374 | 42,899 |
Total Interest Expense | 167,501 | 25,675 |
Net Interest Income (TE) | 120,873 | 21,656 |
Non-Interest Income | 281,255 | 83,702 |
Adjusted Operating Income (TE) | 402,128 | 32,042 |
Non-interest Expense | 360,054 | 20,766 |
Provision for Loan & Lease Losses | — | 5,604 |
Pretax Operating Income (TE) | 65,832 | 54,287 |
Pretax Net Operating Income (TE) | 65,832 | 50,514 |
Applicable Income Taxes | 24,785 | 17,014 |
Net Operating Income | 41,047 | 32,646 |
Net Income | 41,047 | 32,584 |
Cash Dividends Declared | — | 25,709 |
Retained Earnings | 41,047 | 17,523 |