People's United Bank (PBCT) Income Statement

Click line-items for a historical chart and %

Interest and dividend income:
Commercial real estate	85.7M
Commercial	66.9M
Residential mortgage	45.7M
Consumer	18.4M
Total interest on loans	249.5M
Securities	34.2M
Residential mortgage loans held for sale	400K
Short-term investments
Securities purchased under agreements to resell
Total interest and dividend income	284.5M
Interest expense:
Deposits	25.2M
Borrowings	6.1M
Subordinated notes and debentures	7.9M
Total interest expense	39.2M
Net interest income	245.3M
Provision for loan losses (note 4)	8.4M
Net interest income after provision for loan losses	236.9M
Non-interest income:
Bank service charges	25.3M
Investment management fees
Insurance revenue	9.8M
Brokerage commissions	3.2M
Net gains on sales of loans	1.9M
Bank-owned life insurance
Merchant services income, net
Net security gains
Other non-interest income	14.2M
Total non-interest income	90.8M
Non-interest expense:
Compensation and benefits	116.1M
Occupancy and equipment	37.7M
Professional and outside service fees	17.7M
Merger-related expenses (note 2)
Other non-interest expense (note 7)	24.5M
Total non-interest expense	221.4M
Income before income tax expense
Income tax expense	32.6M
Net income	73.7M
Earnings per common share (note 6):
Basic	0.24
Diluted	0.24

Entities mentioned with PBCT