Circle Bank
Novato, CA — Domestic Branch of a Domestic Bank
Acquired Nov 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Circle Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 12,676 | 17,652 |
Income from Lease Financing Receivables | — | 11 |
— | 12 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 6 |
Income on Loans and Leases (TE) | 12,676 | 17,867 |
Investment Interest Income (TE) | 11 | 2,165 |
Total Interest Income (TE) | 12,788 | 20,805 |
Total Interest Expense | 2,138 | 1,849 |
Net Interest Income (TE) | 10,650 | 18,812 |
Non-Interest Income | 566 | 3,155 |
Adjusted Operating Income (TE) | 11,216 | 24,666 |
Non-interest Expense | 8,296 | 15,121 |
Provision for Loan & Lease Losses | 168 | 1,121 |
Pretax Operating Income (TE) | 2,752 | 7,735 |
Pretax Net Operating Income (TE) | 2,752 | 7,985 |
Applicable Income Taxes | 1,126 | 2,066 |
Net Operating Income | 1,626 | 6,079 |
Net Income | 1,626 | 6,074 |
Cash Dividends Declared | 885 | 1,233 |
Retained Earnings | 741 | 2,756 |