First Heritage Bank, N.A.
Newport Beach, CA — National Bank
Acquired Jul 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Heritage Bank, N.A. | All Insured Commercial Banks in California |
Interest and Fees on Loans | 2,688 | 14,421 |
Income from Lease Financing Receivables | — | 5,135 |
— | 1,595 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 817 |
Income on Loans and Leases (TE) | 2,688 | 14,510 |
Investment Interest Income (TE) | 4 | 5,759 |
Total Interest Income (TE) | 3,720 | 15,445 |
Total Interest Expense | 2,034 | 5,476 |
Net Interest Income (TE) | 1,686 | 10,123 |
Non-Interest Income | 1,298 | 2,867 |
Adjusted Operating Income (TE) | 2,984 | 12,364 |
Non-interest Expense | 4,291 | 8,133 |
Provision for Loan & Lease Losses | 3,480 | 7,057 |
Pretax Operating Income (TE) | — | 12,889 |
Pretax Net Operating Income (TE) | — | 12,309 |
Applicable Income Taxes | 69 | 3,561 |
Net Operating Income | — | 7,901 |
Net Income | — | 7,857 |
Cash Dividends Declared | — | 10,620 |
Retained Earnings | — | 5,099 |