First National Bank
Rancho Santa Fe, CA — Domestic Branch of a Domestic Bank
Acquired Oct 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First National Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 58,045 | 28,999 |
Income from Lease Financing Receivables | — | 6,251 |
— | 1,282 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 637 |
Income on Loans and Leases (TE) | 58,045 | 27,841 |
Investment Interest Income (TE) | 1,639 | 8,707 |
Total Interest Income (TE) | 60,592 | 26,025 |
Total Interest Expense | 9,243 | 8,273 |
Net Interest Income (TE) | 51,349 | 17,429 |
Non-Interest Income | 4,988 | 4,792 |
Adjusted Operating Income (TE) | 56,337 | 21,920 |
Non-interest Expense | 24,327 | 12,118 |
Provision for Loan & Lease Losses | 2,394 | 1,646 |
Pretax Operating Income (TE) | 29,616 | 26,163 |
Pretax Net Operating Income (TE) | 29,606 | 26,087 |
Applicable Income Taxes | 12,101 | 8,874 |
Net Operating Income | 17,475 | 16,216 |
Net Income | 17,532 | 16,237 |
Cash Dividends Declared | 5,000 | 18,056 |
Retained Earnings | 12,532 | 9,224 |