Greater Bay Bank, National Association
Palo Alto, CA — Domestic Branch of a Domestic Bank
Acquired Mar 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Greater Bay Bank, National Association | All Insured Commercial Banks in California |
Interest and Fees on Loans | 93,783 | 34,612 |
Income from Lease Financing Receivables | 6,351 | 8,311 |
— | 2,642 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1,264 |
Income on Loans and Leases (TE) | 100,134 | 34,813 |
Investment Interest Income (TE) | 2,449 | 11,361 |
Total Interest Income (TE) | 104,833 | 33,548 |
Total Interest Expense | 38,520 | 12,758 |
Net Interest Income (TE) | 66,313 | 20,945 |
Non-Interest Income | 11,374 | 5,207 |
Adjusted Operating Income (TE) | 77,687 | 26,087 |
Non-interest Expense | 47,022 | 15,732 |
Provision for Loan & Lease Losses | 3,476 | 4,659 |
Pretax Operating Income (TE) | 27,189 | 31,803 |
Pretax Net Operating Income (TE) | 27,177 | 30,601 |
Applicable Income Taxes | 9,422 | 9,720 |
Net Operating Income | 17,427 | 19,123 |
Net Income | 17,427 | 19,118 |
Cash Dividends Declared | — | 23,852 |
Retained Earnings | 17,427 | 10,673 |