Crosby State Bank
Crosby, TX — Domestic Branch of a Domestic Bank
Acquired Oct 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Crosby State Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 11,682 | 5,700 |
Income from Lease Financing Receivables | — | 2,324 |
185 | 191 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 92 | 97 |
Income on Loans and Leases (TE) | 11,774 | 5,750 |
Investment Interest Income (TE) | 1,048 | 2,271 |
Total Interest Income (TE) | 13,117 | 7,501 |
Total Interest Expense | 4,433 | 1,937 |
Net Interest Income (TE) | 8,684 | 5,516 |
Non-Interest Income | 5,173 | 1,303 |
Adjusted Operating Income (TE) | 13,857 | 6,834 |
Non-interest Expense | 12,116 | 4,639 |
Provision for Loan & Lease Losses | 675 | 4,053 |
Pretax Operating Income (TE) | 1,066 | 4,385 |
Pretax Net Operating Income (TE) | 1,066 | 4,579 |
Applicable Income Taxes | — | 1,885 |
Net Operating Income | 1,599 | 3,575 |
Net Income | 1,599 | 3,566 |
Cash Dividends Declared | — | 2,081 |
Retained Earnings | 1,599 | 2,343 |