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Loans, including fees
$321,328K
Taxable securities
$31,513K
Interest-earning deposits
$9,684K
Total interest income
$362,525K
Net interest income
before provision for...
$200,910K
Wealth management fee
income
$63,240K
Other income
$9,274K
Service charges and fees
$4,807K
Bank owned life
insurance
$1,675K
Gain on sale of sba
loans
$1,584K
Corporate advisory fee
income
$820K
Fee income related
to loan level,...
$492K
Fair value
adjustment for equity...
$418K
Total interest
expense
$161,615K
Gain on loans held for
sale at fair value...
$132K
Securities gains
$7K
Net interest income
after provision for...
$177,392K
Total other income
$82,085K
Provision for credit
losses
$23,518K
Loss/(gain) on loans held for
sale at lower of cost...
-$364K
Subtotal interest
expense
$161,405K
Interest-bearing demand -
brokered
$210K
Income before income
tax expense
$52,309K
Total operating
expenses
$207,168K
Savings and
interest-bearing deposit...
$141,629K
Certificates of deposit
$14,970K
Subordinated debt
$4,210K
Borrowed funds
$543K
Finance lease liability
$53K
Net income
$37,326K
Income tax expense
$14,983K
Compensation and employee
benefits
$145,492K
Other operating
expenses
$30,253K
Premises and equipment
$26,613K
Fdic insurance
expense
$4,810K
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Income Statement
source: myfinsight.com
PEAPACK GLADSTONE FINANCIAL CORP (PGC)
PEAPACK GLADSTONE FINANCIAL CORP (PGC)