Farmers & Merchants State Bank Of Krum
Krum, TX — Domestic Branch of a Domestic Bank
Acquired Mar 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Farmers & Merchants State Bank Of Krum | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 8,345 | 4,667 |
Income from Lease Financing Receivables | — | 828 |
12 | 121 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 6 | 62 |
Income on Loans and Leases (TE) | 8,351 | 4,704 |
Investment Interest Income (TE) | 566 | 1,424 |
Total Interest Income (TE) | 8,993 | 6,286 |
Total Interest Expense | 1,843 | 1,350 |
Net Interest Income (TE) | 7,150 | 4,918 |
Non-Interest Income | 5,605 | 1,344 |
Adjusted Operating Income (TE) | 12,755 | 6,344 |
Non-interest Expense | 9,323 | 4,115 |
Provision for Loan & Lease Losses | 575 | 536 |
Pretax Operating Income (TE) | 2,857 | 4,384 |
Pretax Net Operating Income (TE) | 2,839 | 4,440 |
Applicable Income Taxes | — | 1,761 |
Net Operating Income | 2,812 | 3,201 |
Net Income | 2,812 | 3,201 |
Cash Dividends Declared | 883 | 2,156 |
Retained Earnings | 1,929 | 1,757 |