American Security Bank
Newport Beach, CA — Domestic Branch of a Domestic Bank
Acquired May 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | American Security Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 3,011 | 7,621 |
Income from Lease Financing Receivables | — | 6 |
— | 3 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 3,011 | 7,694 |
Investment Interest Income (TE) | 221 | 823 |
Total Interest Income (TE) | 3,355 | 8,968 |
Total Interest Expense | 152 | 595 |
Net Interest Income (TE) | 3,203 | 8,133 |
Non-Interest Income | 404 | 1,309 |
Adjusted Operating Income (TE) | 3,607 | 10,667 |
Non-interest Expense | 3,555 | 6,604 |
Provision for Loan & Lease Losses | — | 60 |
Pretax Operating Income (TE) | 52 | 3,713 |
Pretax Net Operating Income (TE) | 8 | 3,732 |
Applicable Income Taxes | — | 1,282 |
Net Operating Income | 7 | 2,352 |
Net Income | 7 | 2,359 |
Cash Dividends Declared | 400 | 346 |
Retained Earnings | -393 | 1,233 |