Centennial Bank
Fountain Valley, CA — Domestic Branch of a Domestic Bank
Acquired May 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Centennial Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 5,643 | 6,364 |
Income from Lease Financing Receivables | — | 5 |
— | 3 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 5,643 | 6,435 |
Investment Interest Income (TE) | 116 | 694 |
Total Interest Income (TE) | 5,823 | 7,433 |
Total Interest Expense | 1,581 | 536 |
Net Interest Income (TE) | 4,242 | 6,701 |
Non-Interest Income | 6 | 1,249 |
Adjusted Operating Income (TE) | 4,248 | 8,914 |
Non-interest Expense | 1,099 | 5,303 |
Provision for Loan & Lease Losses | 161 | 160 |
Pretax Operating Income (TE) | 2,988 | 3,066 |
Pretax Net Operating Income (TE) | 2,988 | 3,191 |
Applicable Income Taxes | 1,257 | 951 |
Net Operating Income | 1,731 | 2,163 |
Net Income | 1,731 | 2,161 |
Cash Dividends Declared | — | 232 |
Retained Earnings | 1,731 | 1,182 |