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Interest and fees on loans
$86,590K
Taxable
$7,126K
Interest on
interest-earning deposits
$1,325K
Interest on loans held for
sale
$8K
Total interest income
$95,049K
Net interest income
before provision for...
$59,896K
Wealth management fee
income
$16,503K
Other income
$4,011K
Service charges and fees
$1,359K
Gain on sale of sba
loans
$403K
Bank owned life
insurance
$345K
Total interest
expense
$35,153K
Gain on loans held for
sale at fair value...
$72K
Corporate advisory fee
income
$69K
Net interest income
after provision for...
$52,569K
Total other income
$22,597K
Provision for credit
losses
$7,327K
Fair value
adjustment for cra equity...
-$84K
Subtotal - interest
expense
$35,153K
Securities losses
-$81K
Income before income
tax expense
$19,726K
Total operating
expenses
$55,440K
Interest on savings and
interest-bearing deposit...
$30,403K
Interest on certificates
of deposit
$3,099K
Interest on subordinated
debt
$1,207K
Interest on borrowed
funds
$432K
Interest on finance lease
liability
$12K
Net income
$14,153K
Income tax expense
$5,573K
Compensation expense
$29,782K
Benefits expense
$9,583K
Premises and equipment
$6,858K
Other expense
$4,272K
Professional and legal fees
$1,554K
Fdic insurance
expense
$1,388K
Trust department
expense
$1,180K
Loan expense
$556K
Advertising
$267K
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Income Statement
PEAPACK GLADSTONE FINANCIAL CORP (PGC)
PEAPACK GLADSTONE FINANCIAL CORP (PGC)
source: myfinsight.com