Heritage Bank Of Commerce
San Jose, CA — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Heritage Bank Of Commerce | All Insured Commercial Banks in California |
Interest and Fees on Loans | 79,675 | 39,600 |
Income from Lease Financing Receivables | — | 93 |
— | 41 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 21 |
Income on Loans and Leases (TE) | 79,675 | 39,939 |
Investment Interest Income (TE) | 13,955 | 4,547 |
Total Interest Income (TE) | 96,055 | 46,718 |
Total Interest Expense | 3,200 | 3,460 |
Net Interest Income (TE) | 92,855 | 42,511 |
Non-Interest Income | 10,135 | 7,405 |
Adjusted Operating Income (TE) | 102,990 | 56,117 |
Non-interest Expense | 55,072 | 31,848 |
Provision for Loan & Lease Losses | 1,237 | 726 |
Pretax Operating Income (TE) | 46,681 | 20,596 |
Pretax Net Operating Income (TE) | 47,780 | 21,052 |
Applicable Income Taxes | 17,650 | 7,212 |
Net Operating Income | 28,897 | 12,949 |
Net Income | 28,897 | 12,577 |
Cash Dividends Declared | 18,000 | 2,927 |
Retained Earnings | 10,897 | 8,927 |