Cupertino National Bank
Cupertino, CA — Domestic Branch of a Domestic Bank
Acquired Feb 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Cupertino National Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 65,401 | 20,713 |
Income from Lease Financing Receivables | 62,573 | 5,575 |
— | 1,133 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 635 |
Income on Loans and Leases (TE) | 127,974 | 20,269 |
Investment Interest Income (TE) | 13,304 | 10,715 |
Total Interest Income (TE) | 141,978 | 20,803 |
Total Interest Expense | 27,232 | 4,301 |
Net Interest Income (TE) | 114,746 | 16,341 |
Non-Interest Income | 26,691 | 5,211 |
Adjusted Operating Income (TE) | 141,437 | 22,075 |
Non-interest Expense | 80,945 | 13,096 |
Provision for Loan & Lease Losses | 20,370 | 4,046 |
Pretax Operating Income (TE) | 40,122 | 48,684 |
Pretax Net Operating Income (TE) | 41,791 | 48,996 |
Applicable Income Taxes | 15,459 | 17,729 |
Net Operating Income | 25,881 | 30,941 |
Net Income | 25,881 | 30,937 |
Cash Dividends Declared | 5,070 | 33,803 |
Retained Earnings | 20,811 | 13,632 |