Foothill Independent Bank
Glendora, CA — Domestic Branch of a Domestic Bank
Acquired May 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Foothill Independent Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 9,716 | 8,273 |
Income from Lease Financing Receivables | 2 | 1,799 |
22 | 331 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 12 | 183 |
Income on Loans and Leases (TE) | 9,730 | 8,027 |
Investment Interest Income (TE) | 1,371 | 2,777 |
Total Interest Income (TE) | 11,279 | 8,320 |
Total Interest Expense | 1,817 | 2,525 |
Net Interest Income (TE) | 9,462 | 5,793 |
Non-Interest Income | 1,134 | 1,951 |
Adjusted Operating Income (TE) | 10,596 | 7,387 |
Non-interest Expense | 6,501 | 4,139 |
Provision for Loan & Lease Losses | — | 702 |
Pretax Operating Income (TE) | 4,095 | 8,627 |
Pretax Net Operating Income (TE) | 3,767 | 8,602 |
Applicable Income Taxes | 1,254 | 3,346 |
Net Operating Income | 2,448 | 5,338 |
Net Income | 2,448 | 5,302 |
Cash Dividends Declared | 1,800 | 6,076 |
Retained Earnings | 648 | 3,810 |