JAKARTA (Yosefardi) – PT Bank Pembangunan Daerah Jawa Timur (Bank Jatim) Tbk (BJTM) posted net profit of Rp939.08 billion in 2014, grew by 14% from Rp824.3 billion in 2013. Earning per share (EPS) was Rp62.95.

Net interest income increased 8.4% to Rp2.68 trillion from previous Rp2.67 trillion. Net interest margin (NIM) was 6.9%. The bank booked interest income of Rp8.17 trillion.

Profit from operation rose 21% to Rp1.35 trillion from earlier Rp1.11 trillion. BJTM’s assets totaled Rp37.99 trillion of which credit accounted for Rp25.65 trillion. While third party funds totaled Rp29.2 trillion.

The bank’s capital adequacy ratio (CAR) stood at 22.17% and loan to deposit ratio (LDR) was 86.54%.