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Income Statement
PEAPACK GLADSTONE FINANCIAL CORP (PGC)
source: myfinsight.com
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Interest on loans held for
sale
$6K
Interest and fees on loans
$79,657K
Interest on
interest-earning deposits
$1,618K
Taxable
$8,370K
Total interest income
$89,651K
Net interest income
before provision for...
$48,290K
Corporate advisory fee
income
$30K
Fee income related
to loan level,...
$221K
Gain on loans held for
sale at fair value...
$27K
Gain on sale of sba
loans
$521K
Service charges and fees
$1,194K
Wealth management fee
income
$15,943K
Bank owned life
insurance
$370K
Securities gains
$7K
Fair value
adjustment for cra equity...
$42K
Other income
$3,096K
Total interest
expense
$41,361K
Net interest income
after provision for...
$41,704K
Total other income
$21,451K
Provision for credit
losses
$6,586K
Subtotal - interest
expense
$41,251K
Interest on
interest-bearing demand -...
$110K
Income before income
tax expense
$11,262K
Total operating
expenses
$51,893K
Interest on finance lease
liability
$13K
Interest on borrowed
funds
$505K
Interest on savings and
interest-bearing deposit...
$35,807K
Interest on subordinated
debt
$924K
Interest on certificates
of deposit
$4,002K
Net income
$7,941K
Income tax expense
$3,321K
Fdic insurance
expense
$1,045K
Compensation and employee
benefits
$36,061K
Premises and equipment
$6,641K
Other operating
expense
$8,146K
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