JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Timur (Bank Jatim) Tbk (BJTM) booked profit after tax of Rp257.45 billion in the first quarter of 2015, declined 17.6% from Rp312 billion in the same period of 2014.
Net interest income rose 6.7% to Rp760 billion from previous Rp712 billion. But operating profit fell 23.4% to Rp321 billion from earlier Rp419 billion. Operating expenses, excluding interest, rose 30.2% to Rp539 billion from Rp414 billion in the first quarter of 2014.
The bank’s assets totaled Rp45.8 trillion of which credit amounted Rp25.97 trillion. Liability reached Rp39.5 trillion, of which third party funds accounted for Rp36.84 trillion.