South Coast Commercial Bank
Irvine, CA — Domestic Branch of a Domestic Bank
Acquired Dec 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | South Coast Commercial Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | 4,917 | 23,044 |
Income from Lease Financing Receivables | — | 4,971 |
— | 745 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 414 |
Income on Loans and Leases (TE) | 4,917 | 22,281 |
Investment Interest Income (TE) | 59 | 7,668 |
Total Interest Income (TE) | 5,217 | 21,878 |
Total Interest Expense | 2,112 | 5,300 |
Net Interest Income (TE) | 3,105 | 16,586 |
Non-Interest Income | 4 | 4,349 |
Adjusted Operating Income (TE) | 3,109 | 21,296 |
Non-interest Expense | 1,673 | 11,699 |
Provision for Loan & Lease Losses | — | 1,241 |
Pretax Operating Income (TE) | 1,444 | 26,167 |
Pretax Net Operating Income (TE) | 1,444 | 26,132 |
Applicable Income Taxes | 51 | 9,071 |
Net Operating Income | 1,393 | 16,341 |
Net Income | 1,393 | 16,274 |
Cash Dividends Declared | 476 | 10,953 |
Retained Earnings | 917 | 11,781 |