Security Pacific Bank
Los Angeles, CA — Non-member Bank
Acquired Nov 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Security Pacific Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 24,399 | 22,112 |
Income from Lease Financing Receivables | — | 7,130 |
— | 2,630 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 1,740 |
Income on Loans and Leases (TE) | 24,399 | 22,242 |
Investment Interest Income (TE) | 113 | 8,233 |
Total Interest Income (TE) | 26,011 | 22,439 |
Total Interest Expense | 16,025 | 7,858 |
Net Interest Income (TE) | 9,986 | 14,133 |
Non-Interest Income | 1,576 | 3,899 |
Adjusted Operating Income (TE) | 11,562 | 17,506 |
Non-interest Expense | 18,083 | 11,717 |
Provision for Loan & Lease Losses | 66,926 | 8,616 |
Pretax Operating Income (TE) | — | 19,543 |
Pretax Net Operating Income (TE) | — | 17,515 |
Applicable Income Taxes | 138 | 4,623 |
Net Operating Income | — | 11,300 |
Net Income | — | 11,209 |
Cash Dividends Declared | — | 12,501 |
Retained Earnings | — | 6,997 |