Cedars Bank
Los Angeles, CA — Domestic Branch of a Domestic Bank
Acquired Jan 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Cedars Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 26,895 | 30,997 |
Income from Lease Financing Receivables | — | 6,826 |
— | 999 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 554 |
Income on Loans and Leases (TE) | 26,895 | 30,044 |
Investment Interest Income (TE) | 2,570 | 10,133 |
Total Interest Income (TE) | 30,016 | 28,443 |
Total Interest Expense | 8,273 | 7,151 |
Net Interest Income (TE) | 21,743 | 21,191 |
Non-Interest Income | 2,016 | 5,650 |
Adjusted Operating Income (TE) | 23,759 | 27,258 |
Non-interest Expense | 12,925 | 15,079 |
Provision for Loan & Lease Losses | 1,975 | 1,596 |
Pretax Operating Income (TE) | 8,859 | 35,163 |
Pretax Net Operating Income (TE) | 7,187 | 34,902 |
Applicable Income Taxes | 2,750 | 11,963 |
Net Operating Income | 4,356 | 21,763 |
Net Income | 4,356 | 22,294 |
Cash Dividends Declared | — | 14,308 |
Retained Earnings | 4,356 | 15,791 |