Temecula Valley Bancorp Inc. (TMCV)

Temecula Valley Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Mar 31, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Interest Income on Loans	82.45	91.69	114.19	93.38	57.88	33.5
Interest Income on Investments	0.88	1.03	1.43	0.85	0.25	0.11
Total Interest Income	83.32	92.73	115.62	94.23	58.13	33.62
Interest Paid on Deposits	38.47	40.23	46.99	31.71	12.95	5.6
Interest Paid on Borrowings	4.91	4.96	2.99	2.74	1.63	0.82
Total Interest Expense	43.37	45.19	49.98	34.45	14.58	6.42
Net Interest Income	39.95	47.54	65.63	59.78	43.54	27.2
Net Interest Income Growth (YoY)	-36.47%	-27.57%	9.79%	37.30%	60.08%	43.58%
Gain (Loss) on Sale of Assets	-0.07	-0.06	-0.02	-0.01	-	-
Other Non-Interest Income	6.63	6.92	5.69	5.59	9.85	9.24
Total Non-Interest Income	-5.67	1.94	16.39	19.44	23.82	28.7
Non-Interest Income Growth (YoY)	-	-88.19%	-15.72%	-18.38%	-16.99%	17.22%
Revenues Before Loan Losses	34.28	49.47	82.02	79.22	67.36	55.9
Provision for Loan Losses	98.73	78.43	4.6	3.65	2.9	3.82
Revenue	-64.45	-28.96	77.42	75.57	64.47	52.08
Revenue Growth (YoY)	-	-	2.44%	17.23%	23.79%	22.81%
Salaries and Employee Benefits	22.26	24.03	32.75	30.88	26.97	22.52
Occupancy Expenses	-	-	-	-	-	1.73
Selling, General & Administrative	14.49	13.76	14.38	13.15	11.12	6.94
Other Non-Interest Expense	5.48	5.32	4.78	2.96	2.54	2.78
Total Non-Interest Expense	46.83	46.71	51.91	46.99	40.63	33.96
EBT Excluding Unusual Items	-111.29	-75.67	25.52	28.58	23.84	18.11
Pretax Income	-111.29	-75.67	25.52	28.58	23.84	18.11
Income Tax Expense	-14.57	-16.63	10.38	11.66	9.89	7.54
Net Income	-96.71	-59.04	15.14	16.92	13.95	10.58
Net Income to Common	-96.71	-59.04	15.14	16.92	13.95	10.58
Net Income Growth	-	-	-10.53%	21.26%	31.91%	34.68%
Basic Shares Outstanding	10	10	10	9	9	9
Diluted Shares Outstanding	10	10	11	10	10	9
Shares Change (YoY)	-4.75%	-6.62%	9.89%	2.18%	2.40%	5.67%
EPS (Basic)	-9.63	-5.87	1.45	1.83	1.58	1.24
EPS (Diluted)	-9.63	-5.87	1.41	1.73	1.46	1.13
EPS Growth	-	-	-18.50%	18.49%	29.20%	26.97%
Dividend Per Share	0.080	0.120	0.120	-	-	-
Effective Tax Rate	-	-	40.67%	40.80%	41.47%	41.60%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.