County Bank
Merced, CA — State Member Bank
Acquired Feb 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | County Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 99,267 | 30,546 |
Income from Lease Financing Receivables | 1,893 | 10,048 |
— | 3,161 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2,257 |
Income on Loans and Leases (TE) | 101,160 | 30,713 |
Investment Interest Income (TE) | 15,078 | 10,945 |
Total Interest Income (TE) | 117,175 | 29,485 |
Total Interest Expense | 40,462 | 10,262 |
Net Interest Income (TE) | 76,713 | 18,619 |
Non-Interest Income | 7,668 | 11,368 |
Adjusted Operating Income (TE) | 84,381 | 22,755 |
Non-interest Expense | 115,774 | 15,684 |
Provision for Loan & Lease Losses | 55,370 | 12,451 |
Pretax Operating Income (TE) | — | 22,826 |
Pretax Net Operating Income (TE) | — | 19,473 |
Applicable Income Taxes | 7,381 | 4,733 |
Net Operating Income | — | 12,603 |
Net Income | — | 12,476 |
Cash Dividends Declared | 2,775 | 14,207 |
Retained Earnings | — | 7,941 |