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Previous: AMERICAN RIVER HOLDINGS, 8-K, EX-99.19, 2000-12-13 |
Next: WHEREVER NET HOLDING CORP, 6-K, 2000-12-13 |
<TABLE>
<CAPTION>
EXHIBIT 99.20
AMERICAN RIVER HOLDINGS
STATEMENT OF OPERATIONS (UNAUDITED)
Eleven Months Ended November 30,
(In thousands)
2000 1999
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<S> <C> <C>
Interest income:
Interest and fees on loans $ 15,591 $ 12,676
Interest on investment securities:
Taxable 2,430 1,883
Exempt from Federal income taxes 423 305
Dividends 73 59
Interest on Federal funds sold 348 419
Interest on deposits in banks 376 299
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Total interest income 19,241 15,641
Interest expense:
Deposits 6,650 4,825
Other borrowings 261 144
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Total interest expense 6,911 4,969
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Net interest income 12,330 10,672
Provision for loan and lease losses 605 553
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Net interest income after provision for
loan and lease losses 11,725 10,119
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Non-interest income:
Service charges 551 489
Other fees and charges 1,445 1,084
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Total non-interest income 1,996 1,573
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Other expenses:
Salaries and employee benefits 4,477 3,965
Occupancy and equipment 1,116 1,053
Merger expenses 561 --
Other 2,233 2,195
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Total other expenses 8,387 7,213
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Income before income taxes 5,334 4,479
Income taxes 2,066 1,698
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Net income $ 3,268 $ 2,781
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</TABLE>
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