Ojai Valley Bank
Ojai, CA — Domestic Branch of a Domestic Bank
Acquired Nov 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Ojai Valley Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 2,265 | 16,008 |
Income from Lease Financing Receivables | — | 8,543 |
— | 835 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 458 |
Income on Loans and Leases (TE) | 2,265 | 15,637 |
Investment Interest Income (TE) | 1,107 | 6,791 |
Total Interest Income (TE) | 3,477 | 16,149 |
Total Interest Expense | 458 | 3,606 |
Net Interest Income (TE) | 3,019 | 12,517 |
Non-Interest Income | 360 | 3,996 |
Adjusted Operating Income (TE) | 3,379 | 16,954 |
Non-interest Expense | 2,236 | 9,854 |
Provision for Loan & Lease Losses | — | 3,375 |
Pretax Operating Income (TE) | 1,143 | 33,900 |
Pretax Net Operating Income (TE) | 1,171 | 34,234 |
Applicable Income Taxes | 365 | 12,264 |
Net Operating Income | 695 | 21,534 |
Net Income | 695 | 21,532 |
Cash Dividends Declared | 266 | 13,403 |
Retained Earnings | 429 | 15,456 |