Net Income Analysis ( % relative to Total Revenue )
Income Statement Westamerica Bank All Insured Commercial Banks in California
Interest and Fees on Loans 69,133 39,600
Income from Lease Financing Receivables 6 93
2,297 41
Estimated Tax Benefit from Tax-Exempt Loan Income 1,233 21
Income on Loans and Leases (TE) 70,372 39,939
Investment Interest Income (TE) 75,655 4,547
Total Interest Income (TE) 148,770 46,718
Total Interest Expense 2,140 3,460
Net Interest Income (TE) 146,630 42,511
Non-Interest Income 47,593 7,405
Adjusted Operating Income (TE) 194,223 56,117
Non-interest Expense 102,641 31,848
Provision for Loan & Lease Losses -3,200 726
Pretax Operating Income (TE) 94,782 20,596
Pretax Net Operating Income (TE) 95,050 21,052
Applicable Income Taxes 22,129 7,212
Net Operating Income 59,857 12,949
Net Income 59,857 12,577
Cash Dividends Declared 56,824 2,927
Retained Earnings 3,033 8,927