Nara Bank
Los Angeles, CA — State Member Bank
Acquired Dec 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Nara Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 101,137 | 16,671 |
Income from Lease Financing Receivables | — | 11 |
355 | 8 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 191 | 3 |
Income on Loans and Leases (TE) | 101,328 | 16,792 |
Investment Interest Income (TE) | 11,824 | 2,123 |
Total Interest Income (TE) | 113,692 | 19,632 |
Total Interest Expense | 22,772 | 2,540 |
Net Interest Income (TE) | 90,920 | 16,957 |
Non-Interest Income | 16,121 | 3,093 |
Adjusted Operating Income (TE) | 107,041 | 22,285 |
Non-interest Expense | 47,787 | 13,988 |
Provision for Loan & Lease Losses | 18,792 | 2,063 |
Pretax Operating Income (TE) | 40,462 | 5,539 |
Pretax Net Operating Income (TE) | 40,532 | 5,855 |
Applicable Income Taxes | 15,042 | 1,749 |
Net Operating Income | 25,213 | 4,036 |
Net Income | 25,213 | 4,029 |
Cash Dividends Declared | — | 201 |
Retained Earnings | 25,213 | 3,047 |