Pacific State Bank
Stockton, CA — State Member Bank
Acquired Aug 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Pacific State Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 7,453 | 10,259 |
Income from Lease Financing Receivables | — | 7 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1 |
Income on Loans and Leases (TE) | 7,453 | 10,325 |
Investment Interest Income (TE) | 345 | 1,156 |
Total Interest Income (TE) | 7,850 | 11,850 |
Total Interest Expense | 2,388 | 2,186 |
Net Interest Income (TE) | 5,462 | 9,416 |
Non-Interest Income | -260 | 1,492 |
Adjusted Operating Income (TE) | 5,202 | 11,695 |
Non-interest Expense | 6,873 | 7,796 |
Provision for Loan & Lease Losses | 886 | 3,224 |
Pretax Operating Income (TE) | -2,557 | 438 |
Pretax Net Operating Income (TE) | -2,557 | 565 |
Applicable Income Taxes | 783 | 315 |
Net Operating Income | -3,340 | 245 |
Net Income | -3,340 | 236 |
Cash Dividends Declared | — | 59 |
Retained Earnings | -3,340 | -43 |