Coastal Banc, S.S.B.
Houston, TX — Domestic Branch of a Domestic Bank
Acquired May 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Coastal Banc, S.S.B. | All Insured Savings Banks in Texas |
Interest and Fees on Loans | 24,780 | 5,944 |
Income from Lease Financing Receivables | — | 16 |
— | 87 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 58 |
Income on Loans and Leases (TE) | 24,780 | 5,946 |
Investment Interest Income (TE) | 3,675 | 725 |
Total Interest Income (TE) | 28,655 | 6,725 |
Total Interest Expense | 10,867 | 1,994 |
Net Interest Income (TE) | 17,788 | 4,732 |
Non-Interest Income | 3,631 | 1,044 |
Adjusted Operating Income (TE) | 21,419 | 5,777 |
Non-interest Expense | 13,539 | 3,641 |
Provision for Loan & Lease Losses | 450 | 388 |
Pretax Operating Income (TE) | 7,430 | 8,010 |
Pretax Net Operating Income (TE) | 7,630 | 10,472 |
Applicable Income Taxes | 2,678 | 766 |
Net Operating Income | 4,952 | 10,441 |
Net Income | 4,952 | 10,441 |
Cash Dividends Declared | 2,064 | 18,706 |
Retained Earnings | 2,888 | 2,445 |