Landmark National Bank
Solana Beach, CA — Domestic Branch of a Domestic Bank
Acquired Jul 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Landmark National Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 3,322 | 17,831 |
Income from Lease Financing Receivables | — | 4,058 |
— | 1,166 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 558 |
Income on Loans and Leases (TE) | 3,322 | 17,188 |
Investment Interest Income (TE) | 408 | 5,839 |
Total Interest Income (TE) | 4,051 | 18,167 |
Total Interest Expense | 1,198 | 6,815 |
Net Interest Income (TE) | 2,853 | 11,329 |
Non-Interest Income | 143 | 3,053 |
Adjusted Operating Income (TE) | 2,996 | 14,203 |
Non-interest Expense | 3,778 | 8,150 |
Provision for Loan & Lease Losses | — | 1,616 |
Pretax Operating Income (TE) | — | 16,834 |
Pretax Net Operating Income (TE) | — | 16,896 |
Applicable Income Taxes | — | 5,609 |
Net Operating Income | — | 10,366 |
Net Income | — | 10,312 |
Cash Dividends Declared | — | 14,565 |
Retained Earnings | — | 5,588 |