First Coastal Bank, National Association
Manhattan Beach, CA — Domestic Branch of a Domestic Bank
Acquired Jun 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Coastal Bank, National Association | All Insured Commercial Banks in California |
Interest and Fees on Loans | 2,981 | 9,956 |
Income from Lease Financing Receivables | — | 2,003 |
— | 511 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 255 |
Income on Loans and Leases (TE) | 2,981 | 9,497 |
Investment Interest Income (TE) | 857 | 2,912 |
Total Interest Income (TE) | 3,878 | 9,565 |
Total Interest Expense | 1,550 | 3,531 |
Net Interest Income (TE) | 2,328 | 6,072 |
Non-Interest Income | 400 | 1,686 |
Adjusted Operating Income (TE) | 2,728 | 7,528 |
Non-interest Expense | 1,911 | 4,269 |
Provision for Loan & Lease Losses | — | 1,011 |
Pretax Operating Income (TE) | 817 | 8,248 |
Pretax Net Operating Income (TE) | 877 | 8,306 |
Applicable Income Taxes | 351 | 3,093 |
Net Operating Income | 526 | 5,128 |
Net Income | 526 | 5,075 |
Cash Dividends Declared | 225 | 8,714 |
Retained Earnings | 301 | 3,161 |