Proamerica Bank
Los Angeles, CA — Domestic Branch of a Domestic Bank
Acquired May 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Proamerica Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 1,799 | 10,539 |
Income from Lease Financing Receivables | — | 16 |
— | 8 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 4 |
Income on Loans and Leases (TE) | 1,799 | 10,615 |
Investment Interest Income (TE) | — | 1,244 |
Total Interest Income (TE) | 1,869 | 12,243 |
Total Interest Expense | 174 | 821 |
Net Interest Income (TE) | 1,695 | 11,225 |
Non-Interest Income | 107 | 2,028 |
Adjusted Operating Income (TE) | 1,802 | 14,296 |
Non-interest Expense | 1,467 | 8,495 |
Provision for Loan & Lease Losses | — | 182 |
Pretax Operating Income (TE) | 335 | 5,260 |
Pretax Net Operating Income (TE) | 335 | 5,486 |
Applicable Income Taxes | 133 | 1,915 |
Net Operating Income | 202 | 3,361 |
Net Income | 202 | 3,433 |
Cash Dividends Declared | 9 | 609 |
Retained Earnings | 193 | 2,012 |