Frontier Bank, Fsb
Palm Desert, CA — Federal Savings Bank
Acquired Nov 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Frontier Bank, Fsb | All Insured Savings Banks in California |
Interest and Fees on Loans | 2,131 | 26,143 |
Income from Lease Financing Receivables | — | 0 |
— | 0 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 0 |
Income on Loans and Leases (TE) | 2,131 | 26,143 |
Investment Interest Income (TE) | 117 | 4,138 |
Total Interest Income (TE) | 2,285 | 31,070 |
Total Interest Expense | 270 | 5,224 |
Net Interest Income (TE) | 2,015 | 25,846 |
Non-Interest Income | 276 | 9,814 |
Adjusted Operating Income (TE) | 2,291 | 35,660 |
Non-interest Expense | 5,696 | 20,230 |
Provision for Loan & Lease Losses | -800 | 17 |
Pretax Operating Income (TE) | -2,605 | 15,413 |
Pretax Net Operating Income (TE) | -2,605 | 15,198 |
Applicable Income Taxes | — | 5,219 |
Net Operating Income | -2,605 | 9,871 |
Net Income | -2,605 | 9,871 |
Cash Dividends Declared | — | 4,285 |
Retained Earnings | -2,605 | 5,586 |