1St Choice Bank
Houston, TX — Domestic Branch of a Domestic Bank
Acquired Jun 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | 1St Choice Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 3,887 | 1,936 |
Income from Lease Financing Receivables | — | 1,306 |
— | 62 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 32 |
Income on Loans and Leases (TE) | 3,887 | 1,951 |
Investment Interest Income (TE) | 535 | 957 |
Total Interest Income (TE) | 4,832 | 2,586 |
Total Interest Expense | 2,152 | 957 |
Net Interest Income (TE) | 2,680 | 1,629 |
Non-Interest Income | — | 411 |
Adjusted Operating Income (TE) | 1,838 | 2,025 |
Non-interest Expense | 2,212 | 1,357 |
Provision for Loan & Lease Losses | 100 | 678 |
Pretax Operating Income (TE) | — | 1,827 |
Pretax Net Operating Income (TE) | — | 1,891 |
Applicable Income Taxes | — | 850 |
Net Operating Income | — | 1,417 |
Net Income | — | 1,416 |
Cash Dividends Declared | — | 1,623 |
Retained Earnings | — | 865 |