County Commerce Bank
Ventura, CA — Domestic Branch of a Domestic Bank
Acquired Mar 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | County Commerce Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 7,591 | 34,714 |
Income from Lease Financing Receivables | — | 45 |
— | 27 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 11 |
Income on Loans and Leases (TE) | 7,591 | 34,980 |
Investment Interest Income (TE) | — | 3,629 |
Total Interest Income (TE) | 8,597 | 40,436 |
Total Interest Expense | 433 | 2,701 |
Net Interest Income (TE) | 8,164 | 36,827 |
Non-Interest Income | 483 | 7,478 |
Adjusted Operating Income (TE) | 8,647 | 50,399 |
Non-interest Expense | 5,232 | 29,818 |
Provision for Loan & Lease Losses | 3 | 506 |
Pretax Operating Income (TE) | 3,412 | 17,730 |
Pretax Net Operating Income (TE) | 3,412 | 17,927 |
Applicable Income Taxes | 1,511 | 6,429 |
Net Operating Income | 1,901 | 11,561 |
Net Income | 1,901 | 11,561 |
Cash Dividends Declared | — | 2,067 |
Retained Earnings | 1,901 | 7,078 |