California National Bank
Los Angeles, CA — National Bank
Acquired Oct 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | California National Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 195,841 | 20,364 |
Income from Lease Financing Receivables | — | 8,567 |
— | 2,130 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2,099 |
Income on Loans and Leases (TE) | 195,841 | 20,484 |
Investment Interest Income (TE) | 19,323 | 7,745 |
Total Interest Income (TE) | 219,985 | 20,866 |
Total Interest Expense | 92,405 | 5,609 |
Net Interest Income (TE) | 127,580 | 14,397 |
Non-Interest Income | 5,066 | 11,389 |
Adjusted Operating Income (TE) | 132,646 | 18,081 |
Non-interest Expense | 111,396 | 12,323 |
Provision for Loan & Lease Losses | 74,000 | 12,066 |
Pretax Operating Income (TE) | — | 15,389 |
Pretax Net Operating Income (TE) | — | 14,105 |
Applicable Income Taxes | — | 3,459 |
Net Operating Income | — | 8,976 |
Net Income | — | 9,260 |
Cash Dividends Declared | — | 6,090 |
Retained Earnings | — | 6,451 |