JAKARTA (Yosefardi) – PT Bank Sumut booked profit after tax of Rp261.29 billion in first half of 2014, dropped 16% from Rp311.49 billion in the same period of 2013.

Net interest income increased 2.7% to Rp897.7 billion from previous Rp873.5 billion. Net interest margin (NIM) was 8.28%. The bank booked interest income of Rp1.38 trillion.

Its assets increased 13.2% to Rp24.33 trillion of which credit amounted Rp15.66 trillion. The bank booked third party funds of Rp20.05 trillion. Its CAR was 14.1% while loan to deposit ratio (LDR) stood at 82.89%.