Legacy Bank, N.A.
La Jolla, CA — Domestic Branch of a Domestic Bank
Acquired Jul 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Legacy Bank, N.A. | All Insured Commercial Banks in California |
Interest and Fees on Loans | 866 | 14,648 |
Income from Lease Financing Receivables | — | 3,271 |
— | 503 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 281 |
Income on Loans and Leases (TE) | 866 | 14,174 |
Investment Interest Income (TE) | 124 | 5,108 |
Total Interest Income (TE) | 1,067 | 13,401 |
Total Interest Expense | 254 | 2,931 |
Net Interest Income (TE) | 813 | 10,309 |
Non-Interest Income | 20 | 4,048 |
Adjusted Operating Income (TE) | 833 | 13,342 |
Non-interest Expense | 1,061 | 7,742 |
Provision for Loan & Lease Losses | 15 | 905 |
Pretax Operating Income (TE) | — | 16,558 |
Pretax Net Operating Income (TE) | — | 16,503 |
Applicable Income Taxes | — | 5,844 |
Net Operating Income | — | 10,239 |
Net Income | — | 10,239 |
Cash Dividends Declared | — | 8,791 |
Retained Earnings | — | 7,268 |