Mechanics Bank
Walnut Creek, CA — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mechanics Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 115,923 | 39,600 |
Income from Lease Financing Receivables | 371 | 93 |
2 | 41 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1 | 21 |
Income on Loans and Leases (TE) | 116,295 | 39,939 |
Investment Interest Income (TE) | 25,469 | 4,547 |
Total Interest Income (TE) | 145,216 | 46,718 |
Total Interest Expense | 2,849 | 3,460 |
Net Interest Income (TE) | 142,367 | 42,511 |
Non-Interest Income | 28,490 | 7,405 |
Adjusted Operating Income (TE) | 170,857 | 56,117 |
Non-interest Expense | 116,432 | 31,848 |
Provision for Loan & Lease Losses | 4,216 | 726 |
Pretax Operating Income (TE) | 50,209 | 20,596 |
Pretax Net Operating Income (TE) | 55,628 | 21,052 |
Applicable Income Taxes | 21,537 | 7,212 |
Net Operating Income | 32,860 | 12,949 |
Net Income | 32,860 | 12,577 |
Cash Dividends Declared | — | 2,927 |
Retained Earnings | 32,860 | 8,927 |