Granite State Bank
Monrovia, CA — Domestic Branch of a Domestic Bank
Acquired Feb 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Granite State Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 4,087 | 22,528 |
Income from Lease Financing Receivables | — | 5,584 |
— | 962 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 534 |
Income on Loans and Leases (TE) | 4,087 | 21,722 |
Investment Interest Income (TE) | 222 | 8,970 |
Total Interest Income (TE) | 4,779 | 23,453 |
Total Interest Expense | 365 | 4,446 |
Net Interest Income (TE) | 4,414 | 18,958 |
Non-Interest Income | 509 | 5,201 |
Adjusted Operating Income (TE) | 4,923 | 25,154 |
Non-interest Expense | 4,327 | 14,512 |
Provision for Loan & Lease Losses | — | 1,459 |
Pretax Operating Income (TE) | 635 | 29,565 |
Pretax Net Operating Income (TE) | 635 | 29,603 |
Applicable Income Taxes | 248 | 10,576 |
Net Operating Income | 387 | 18,295 |
Net Income | 387 | 18,291 |
Cash Dividends Declared | 352 | 15,209 |
Retained Earnings | 35 | 11,911 |