Wells Fargo Central Bank
Calabasas, CA — Non-member Bank
Acquired Mar 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Wells Fargo Central Bank | All Insured Commercial Banks in California |
Interest and Fees on Loans | — | 21,030 |
Income from Lease Financing Receivables | — | 17 |
— | 8 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | — | 21,193 |
Investment Interest Income (TE) | — | 2,284 |
Total Interest Income (TE) | 31 | 24,377 |
Total Interest Expense | 4 | 4,271 |
Net Interest Income (TE) | 27 | 20,018 |
Non-Interest Income | 9 | 3,147 |
Adjusted Operating Income (TE) | 36 | 25,562 |
Non-interest Expense | 23 | 16,610 |
Provision for Loan & Lease Losses | — | 6,077 |
Pretax Operating Income (TE) | 13 | 1,551 |
Pretax Net Operating Income (TE) | 13 | 1,966 |
Applicable Income Taxes | 5 | 887 |
Net Operating Income | 8 | 1,135 |
Net Income | 8 | 1,116 |
Cash Dividends Declared | — | 198 |
Retained Earnings | 8 | 473 |