Borel Private Bank & Trust Company
San Mateo, CA — Domestic Branch of a Domestic Bank
Acquired May 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Borel Private Bank & Trust Company | All Insured Commercial Banks in California |
Interest and Fees on Loans | 16,463 | 5,256 |
Income from Lease Financing Receivables | — | 3 |
— | 1 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 16,463 | 5,296 |
Investment Interest Income (TE) | 351 | 639 |
Total Interest Income (TE) | 16,966 | 6,165 |
Total Interest Expense | 2,000 | 872 |
Net Interest Income (TE) | 14,966 | 5,250 |
Non-Interest Income | 1,955 | 1,050 |
Adjusted Operating Income (TE) | 16,921 | 7,066 |
Non-interest Expense | 11,932 | 4,484 |
Provision for Loan & Lease Losses | 10,800 | 705 |
Pretax Operating Income (TE) | -5,811 | 1,675 |
Pretax Net Operating Income (TE) | -5,811 | 1,714 |
Applicable Income Taxes | -2,449 | 488 |
Net Operating Income | -3,362 | 1,170 |
Net Income | -3,362 | 1,168 |
Cash Dividends Declared | — | 26 |
Retained Earnings | -3,362 | 914 |