California Bank & Trust
San Diego, CA — Non-member Bank
Acquired Dec 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | California Bank & Trust | All Insured Commercial Banks in California |
Interest and Fees on Loans | 283,805 | 26,860 |
Income from Lease Financing Receivables | 893 | 37 |
4,814 | 24 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2,559 | 10 |
Income on Loans and Leases (TE) | 287,257 | 27,072 |
Investment Interest Income (TE) | 6,189 | 2,601 |
Total Interest Income (TE) | 299,166 | 31,080 |
Total Interest Expense | 4,720 | 1,987 |
Net Interest Income (TE) | 294,446 | 28,456 |
Non-Interest Income | 55,449 | 5,907 |
Adjusted Operating Income (TE) | 349,895 | 38,443 |
Non-interest Expense | 225,207 | 24,586 |
Provision for Loan & Lease Losses | -6,453 | 373 |
Pretax Operating Income (TE) | 131,141 | 13,537 |
Pretax Net Operating Income (TE) | 130,667 | 13,713 |
Applicable Income Taxes | 50,025 | 5,359 |
Net Operating Income | 77,987 | 8,696 |
Net Income | 77,987 | 8,696 |
Cash Dividends Declared | 55,691 | 1,718 |
Retained Earnings | 22,296 | 5,091 |