San Jose National Bank
San Jose, CA — Domestic Branch of a Domestic Bank
Acquired Feb 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | San Jose National Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 21,980 | 20,713 |
Income from Lease Financing Receivables | 8 | 5,575 |
— | 1,133 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 635 |
Income on Loans and Leases (TE) | 21,988 | 20,269 |
Investment Interest Income (TE) | 7,887 | 10,715 |
Total Interest Income (TE) | 30,965 | 20,803 |
Total Interest Expense | 8,132 | 4,301 |
Net Interest Income (TE) | 22,833 | 16,341 |
Non-Interest Income | 2,360 | 5,211 |
Adjusted Operating Income (TE) | 25,193 | 22,075 |
Non-interest Expense | 17,851 | 13,096 |
Provision for Loan & Lease Losses | 2,823 | 4,046 |
Pretax Operating Income (TE) | 4,519 | 48,684 |
Pretax Net Operating Income (TE) | 5,250 | 48,996 |
Applicable Income Taxes | 1,735 | 17,729 |
Net Operating Income | 3,235 | 30,941 |
Net Income | 3,235 | 30,937 |
Cash Dividends Declared | 3,989 | 33,803 |
Retained Earnings | — | 13,632 |