JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Tengah (Bank Jateng) posted profit after tax of Rp225.82 billion in first quarter of this year, declined 7.4% from Rp243.09 billion in the same period of last year.

Net interest income increased 6.9% to Rp554.89 billion from previous Rp518.81 billion. Net interest margin (NIM) was 8.44%. The bank booked interest income of Rp883.25 billion.

Operating profit declined 5.6% to Rp302.29 billion, compared to Rp320.65 billion in first quarter of 2013.

Its assets totaled Rp33.86 trillion of which credits amounted Rp22.14 trillion. It booked third party funds of Rp28.39 trillion. The bank’s CAR was 17.11% while LDR stood at 78.53%.