Community National Bank
Escondido, CA — Domestic Branch of a Domestic Bank
Acquired Oct 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Community National Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 50,481 | 28,999 |
Income from Lease Financing Receivables | 4 | 6,251 |
— | 1,282 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 637 |
Income on Loans and Leases (TE) | 50,485 | 27,841 |
Investment Interest Income (TE) | 1,715 | 8,707 |
Total Interest Income (TE) | 52,756 | 26,025 |
Total Interest Expense | 13,166 | 8,273 |
Net Interest Income (TE) | 39,590 | 17,429 |
Non-Interest Income | 7,003 | 4,792 |
Adjusted Operating Income (TE) | 46,593 | 21,920 |
Non-interest Expense | 25,760 | 12,118 |
Provision for Loan & Lease Losses | — | 1,646 |
Pretax Operating Income (TE) | 20,833 | 26,163 |
Pretax Net Operating Income (TE) | 20,833 | 26,087 |
Applicable Income Taxes | 8,489 | 8,874 |
Net Operating Income | 12,344 | 16,216 |
Net Income | 12,344 | 16,237 |
Cash Dividends Declared | 500 | 18,056 |
Retained Earnings | 11,844 | 9,224 |