Net Income Analysis ( % relative to Total Revenue )
Income Statement Torrey Pines Bank All Insured Commercial Banks in California
Interest and Fees on Loans 57,832 20,044
Income from Lease Financing Receivables 1,788 19
522 13
Estimated Tax Benefit from Tax-Exempt Loan Income 281 6
Income on Loans and Leases (TE) 59,901 20,265
Investment Interest Income (TE) 6,152 2,150
Total Interest Income (TE) 66,372 23,456
Total Interest Expense 2,736 1,587
Net Interest Income (TE) 63,636 21,280
Non-Interest Income 3,171 3,588
Adjusted Operating Income (TE) 66,807 28,136
Non-interest Expense 37,268 16,834
Provision for Loan & Lease Losses 3,219 399
Pretax Operating Income (TE) 26,320 9,870
Pretax Net Operating Income (TE) 25,853 10,207
Applicable Income Taxes 7,897 3,079
Net Operating Income 16,755 7,282
Net Income 16,594 7,278
Cash Dividends Declared 9,000 2,153
Retained Earnings 7,594 3,084