Citizens National Bank
Teague, TX — National Bank
Acquired Oct 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citizens National Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 4,869 | 5,700 |
Income from Lease Financing Receivables | — | 2,324 |
1 | 191 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1 | 97 |
Income on Loans and Leases (TE) | 4,870 | 5,750 |
Investment Interest Income (TE) | 182 | 2,271 |
Total Interest Income (TE) | 5,070 | 7,501 |
Total Interest Expense | 1,582 | 1,937 |
Net Interest Income (TE) | 3,488 | 5,516 |
Non-Interest Income | 106 | 1,303 |
Adjusted Operating Income (TE) | 3,594 | 6,834 |
Non-interest Expense | 1,803 | 4,639 |
Provision for Loan & Lease Losses | 395 | 4,053 |
Pretax Operating Income (TE) | 1,396 | 4,385 |
Pretax Net Operating Income (TE) | 1,342 | 4,579 |
Applicable Income Taxes | 485 | 1,885 |
Net Operating Income | 856 | 3,575 |
Net Income | 856 | 3,566 |
Cash Dividends Declared | — | 2,081 |
Retained Earnings | 856 | 2,343 |