First Asian Bank
Las Vegas, NV — Domestic Branch of a Domestic Bank
Acquired Jul 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Asian Bank | All Insured Commercial Banks in Nevada |
Interest and Fees on Loans | 569 | 18,826 |
Income from Lease Financing Receivables | — | 99 |
— | 5 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 569 | 18,939 |
Investment Interest Income (TE) | — | 8,866 |
Total Interest Income (TE) | 577 | 28,050 |
Total Interest Expense | 204 | 1,748 |
Net Interest Income (TE) | 373 | 26,303 |
Non-Interest Income | 18 | 33,095 |
Adjusted Operating Income (TE) | 391 | 59,340 |
Non-interest Expense | 1,394 | 33,178 |
Provision for Loan & Lease Losses | 276 | 4,045 |
Pretax Operating Income (TE) | -1,279 | 23,199 |
Pretax Net Operating Income (TE) | -1,279 | 30,020 |
Applicable Income Taxes | — | 3,741 |
Net Operating Income | -1,279 | 26,245 |
Net Income | -1,279 | 26,245 |
Cash Dividends Declared | — | 28,347 |
Retained Earnings | -1,279 | -6,922 |