Gateway Business Bank
Cerritos, CA — Non-member Bank
Acquired Aug 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Gateway Business Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 3,261 | 11,561 |
Income from Lease Financing Receivables | — | 7 |
— | 8 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 4 |
Income on Loans and Leases (TE) | 3,261 | 11,695 |
Investment Interest Income (TE) | 4 | 1,430 |
Total Interest Income (TE) | 3,331 | 13,635 |
Total Interest Expense | 592 | 1,258 |
Net Interest Income (TE) | 2,739 | 12,285 |
Non-Interest Income | 19,813 | 2,093 |
Adjusted Operating Income (TE) | 22,552 | 16,149 |
Non-interest Expense | 20,981 | 9,890 |
Provision for Loan & Lease Losses | — | 746 |
Pretax Operating Income (TE) | 1,571 | 4,865 |
Pretax Net Operating Income (TE) | 1,571 | 5,011 |
Applicable Income Taxes | 168 | 1,358 |
Net Operating Income | 1,403 | 3,779 |
Net Income | 1,403 | 3,777 |
Cash Dividends Declared | — | 758 |
Retained Earnings | 1,403 | 1,650 |