Net Income Analysis ( % relative to Total Revenue )
Income Statement American State Bank All Insured Commercial Banks in Texas
Interest and Fees on Loans 33,002 3,997
Income from Lease Financing Receivables 115 1
433 14
Estimated Tax Benefit from Tax-Exempt Loan Income 229 7
Income on Loans and Leases (TE) 33,346 4,019
Investment Interest Income (TE) 25,037 926
Total Interest Income (TE) 58,577 5,144
Total Interest Expense 4,917 632
Net Interest Income (TE) 53,660 4,483
Non-Interest Income 20,488 967
Adjusted Operating Income (TE) 74,148 5,544
Non-interest Expense 61,328 3,651
Provision for Loan & Lease Losses 2,288 182
Pretax Operating Income (TE) 10,532 1,634
Pretax Net Operating Income (TE) 56,421 1,750
Applicable Income Taxes 18,195 182
Net Operating Income 35,311 1,386
Net Income 35,311 1,383
Cash Dividends Declared 5,000 435
Retained Earnings 30,311 791