Cu Bancorp (CUNB) financial statements (2020 and earlier)

Company profile

Business Address 15821 VENTURA BOULEVARD, SUITE 100
ENCINO, CA 91436
State of Incorp. CA
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments209222133241183
Cash and cash equivalents209222133241183
Total current assets:209222133241183
Noncurrent Assets
Property, plant and equipment45543
Intangible assets, net (including goodwill)7172731514
Goodwill6565641212
Intangible assets, net (excluding goodwill)681032
Amortization method qualified affordable housing project investments3 
Total noncurrent assets:7877791817
Other undisclosed assets2,7072,3352,0541,1481,049
TOTAL ASSETS:2,9952,6352,2651,4081,250
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt19149  
Total current liabilities:19149  
Noncurrent Liabilities
Liabilities, other than long-term debt1    
Qualified affordable housing project investments, commitment1 
Total noncurrent liabilities:1    
Other undisclosed liabilities2,6372,3131,9771,2701,124
Total liabilities:2,6572,3281,9861,2701,124
Stockholders' equity
Stockholders' equity attributable to parent338307279138126
Preferred stock171716  
Common stock236231226122119
Additional paid in capital25232087
Accumulated other comprehensive income (loss)(3)(1)0(0)1
Retained earnings (accumulated deficit)6337178(2)
Total stockholders' equity:338307279138126
TOTAL LIABILITIES AND EQUITY:2,9952,6352,2651,4081,250

Income statement (P&L) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues108921095137
Net investment income10190108  
Financial services revenue6215137
Cost of revenue(3)(11)(6)(7)(5)
Cost of goods and services sold (6)(4)(4)(4)
Financial services costs(3)(5)(2)(3)(2)
Gross profit:104811034432
Operating expenses(53)(50)(31)(27)(22)
Operating income:5131721710
Nonoperating income (expense)(0) 110
Investment income, nonoperating    (0)
Gains (losses) on sales of other real estate(0)  0 
Bank owned life insurance income  110
Interest and debt expense(3)(3)(2)(2)(2)
Other undisclosed loss from continuing operations before equity method investments, income taxes  (55)(1)(5)
Income from continuing operations before equity method investments, income taxes:482815153
Other undisclosed income (loss) from continuing operations before income taxes(5)6   
Income from continuing operations before income taxes:433415153
Income tax expense(16)(13)(6)(5)(2)
Net income attributable to parent:27219102
Preferred stock dividends and other adjustments(1)(1)0  
Other undisclosed net loss available to common stockholders, basic  (0)  
Net income available to common stockholders, diluted:26209102

Comprehensive Income ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:27219102
Other comprehensive income    1
Comprehensive income:27219102
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2)(1)0(2) 
Comprehensive income, net of tax, attributable to parent:2520982

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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