Community Bank & Trust, S.S.B.
Beaumont, TX — Domestic Branch of a Domestic Bank
Acquired Mar 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Community Bank & Trust, S.S.B. | All Insured Savings Banks in Texas |
Interest and Fees on Loans | 42,423 | 22,103 |
Income from Lease Financing Receivables | — | 16 |
102 | 165 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 54 | 87 |
Income on Loans and Leases (TE) | 42,477 | 22,111 |
Investment Interest Income (TE) | 7,554 | 2,692 |
Total Interest Income (TE) | 51,114 | 25,089 |
Total Interest Expense | 10,034 | 7,833 |
Net Interest Income (TE) | 41,080 | 17,256 |
Non-Interest Income | 19,787 | 4,689 |
Adjusted Operating Income (TE) | 60,867 | 21,939 |
Non-interest Expense | 37,512 | 14,504 |
Provision for Loan & Lease Losses | 3,547 | 1,308 |
Pretax Operating Income (TE) | 19,808 | 30,805 |
Pretax Net Operating Income (TE) | 20,148 | 30,898 |
Applicable Income Taxes | 5,844 | 2,315 |
Net Operating Income | 13,193 | 28,969 |
Net Income | 13,193 | 28,969 |
Cash Dividends Declared | 25,500 | 18,675 |
Retained Earnings | — | 23,023 |