American State Bank
Lubbock, TX — Domestic Branch of a Domestic Bank
Acquired Jul 2012
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 |