Coast Commercial Bank
Santa Cruz, CA — Domestic Branch of a Domestic Bank
Acquired Feb 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Coast Commercial Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 15,990 | 20,713 |
Income from Lease Financing Receivables | — | 5,575 |
— | 1,133 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 635 |
Income on Loans and Leases (TE) | 15,990 | 20,269 |
Investment Interest Income (TE) | 8,155 | 10,715 |
Total Interest Income (TE) | 26,070 | 20,803 |
Total Interest Expense | 6,326 | 4,301 |
Net Interest Income (TE) | 19,744 | 16,341 |
Non-Interest Income | 3,909 | 5,211 |
Adjusted Operating Income (TE) | 23,653 | 22,075 |
Non-interest Expense | 17,632 | 13,096 |
Provision for Loan & Lease Losses | 221 | 4,046 |
Pretax Operating Income (TE) | 5,800 | 48,684 |
Pretax Net Operating Income (TE) | 6,689 | 48,996 |
Applicable Income Taxes | 2,460 | 17,729 |
Net Operating Income | 4,135 | 30,941 |
Net Income | 4,135 | 30,937 |
Cash Dividends Declared | 2,626 | 33,803 |
Retained Earnings | 1,509 | 13,632 |